ED uncovers ₹5,000 crore illegal crypto transactions by Bengaluru company
ED officials detected that a Bengaluru company conducted illegal cryptocurrency transactions worth ₹5,000 crore. The ED found that RPFASS Technologies Limited, operating since 2018, conducted these transactions using 'MadRex' and 'Saber.Money' platforms. The company was found to be conducting crypto transactions without proper registration as per RBI rules.
Originally reported by Prajavani
Summarised from the source’s public news feed without altering the facts. Read the original report for the full story.
EDCryptocurrencyBengaluruFinancial Fraud
