New Delhi: In the case of other money laundering involving Crypto’s currency, the monday enforcement directorate claimed to have attached the assets of Kerala’s employer worth Rs 37 Crore.
The agency claimed that the businessman, Nishad K, and his colleagues were involved in raising funds with RS 1,200 Crore songs, promised to distribute Crypto’s currency to investors.
Agency conducted a search at 11 places in Kerala, Tamil Nadu, Karnataka and Delhi and presented documents that revealed alleged funds washing by the defendant.
Ed claimed that he seized Crypto’s currency such as Ethereum, BTC, BNB, YFI, Vet, there and USDT, worth Rs 25.8 lakh.
“All Crypto currencies above, purchased from the results of crime, converted to INR and attached by Ed,” said the agency.
The investigation began with Ed registering money laundering cases against Crypto Morris Coin.
“The attached assets include balances in several Bank Nishad K accounts and their company, the property does not move including the land of associations close to Nishad K and is equivalent to the Crypto currency purchased from the crime,” said Ed.
Kerala police previously registered a lot of campfires stating that the defendant had delayed more than 900 investors and raised 1,200 crore rs.
Morris’s trading solution collected deposits from investors with the initial coins offer after the launch of Morris Crypto’s currency.
“Deposits taken from the public are illegal and without regulatory licenses from regulatory institutions,” Ed said.