India’s Financial Crime Regulator Assigns CoinDCX to Handle Seized Crypto Assets

Description

India’s Enforcement Directorate (ED) has selected CoinDCX to oversee the management of seized digital assets, according to an announcement shared with Cryptonews. The move follows increased efforts to combat cryptocurrency-related financial crimes. Recent high-profile cases include the GainBitcoin and BitConnect scams. As part of the collaboration, CoinDCX will provide a secure custody infrastructure to store and manage confiscated assets, the exchange said. Further, the exchange will implement ...