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🚨BREAKING: 🇮🇳 ED RAIDS 5 CRYPTO PLATFORMS OVER ALLEGED FEMA VIOLATIONS. Key findings include: • Alleged unauthorized cross-border crypto transfers exceeding ₹2,500 crore • Searches conducted at 6 locations in Bengaluru • Platforms under scrutiny include Transak, Xpat (Remit2Any), Onramp .money, Onmeta and Carret • ED alleges firms used USDT and other crypto assets to facilitate cross-border remittances outside RBI regulations • Around ₹6 crore in bank balances frozen so far Further investigation is underway.(Crypto India)

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