Enforcement Directorate raids WazirX, freezes bank assets worth Rs 64.67 crores

The Enforcement Directorate on August 5 conducted searches at the premises of one of the directors of Zanmai Labs Private Limited, which owns and operates cryptocurrency exchange platform WazirX. The ED has frozen bank assets worth Rs 64.67 crores.

WazirX is an Indian cryptocurrency exchange that acts as a platform for trading in digital currencies such as Bitcoin, Ethereum, Tron, Ripple and Litecoin.