The Defiant reports that India's Enforcement Directorate (ED) has launched searches related to a $524 million crypto transfer investigation. The agency identified Binance and Bybit as platforms involved in the alleged foreign payouts. However, no charges have been announced against either exchange at this time.
AI-assisted source briefing. Based on the The Defiant RSS report; not independently verified.
Source published: Thu, 29 Oct 2026 16:30:03 GMT
[Read the original report](https://thedefiant.io/news/regulation/india-s-ed-announces-searches-in-524-million-crypto-transfer-probe)
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