India seizes ₹4,190 crore in crypto crackdown on tax evasion
The Enforcement Directorate (ED) has intensified efforts against crypto-related financial crimes. So far, it has attached assets worth Rs 4,189.89 crore in money laundering cases tied to cryptocurrencies. Investigations have also resulted in 29 arrests and 22 prosecution complaints filed in court.
The government’s actions signal a stricter approach to regulating cryptocurrencies in India. With billions seized, dozens arrested, and international cooperation underway, authorities aim to curb illicit financial flows. Taxpayers and traders now face greater scrutiny over unreported digital asset transactions.
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