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First-ever search: ED raids Ladakh in cryptocurrency fraud case

By on August 2, 2024 0 19 Views

The Enforcement Directorate recently conducted its first raid in Ladakh, addressing a money laundering case linked to a cryptocurrency fraud. The probe revealed that Emollient Coin Limited duped 2,508 investors of over Rs 7 crore worth of deposits, officials said. The accused used the funds to buy real estate in Jammu after dissolving the company.

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