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Binance Bold Move TO Unveil Scam Apps In India With ED

Posted by Crypto news on May 04, 2024 - 11:45am


Binance Bold Move TO

Binance Gives Hand To ED To Cut Off Scam Apps In India Binance, a cryptocurrency exchange is getting ready to come back to India After being banned for a while in the Indian market, preparing to pay a fine of $2 million. However, Besides this, Binance has taken a step that could improve its standing with the Indian government.

Recently, the Enforcement Directorate (ED) in India cracked down on an online scam app named E-Nuggets, seizing around $10 million. What's particularly noteworthy is that Binance, along with ZebPay and WazirX helped ED in uncovering this significant scam.

 

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