Elena Nikulina

Pushpendra Singh: ED raids CoinDCX and Delta Exchange over alleged unauthorized crypto derivatives and tokenized stock deals

Pushpendra Singh: ED raids CoinDCX and Delta Exchange over alleged unauthorized crypto derivatives and tokenized stock deals
ED raids major Indian crypto exchanges

Indian authorities have raided CoinDCX and Delta Exchange as part of a probe into alleged unauthorized cross-border crypto derivatives and tokenized stock transactions.

Pushpendra Singh, described as a crypto educator and blockchain enthusiast, reported that according to the ED, users deposited INR, converted it into USDT, and routed funds to foreign exchanges such as Binance, KuCoin, and Gate.

Pushpendra Singh has previously described conditions where gold, silver, stocks, and Bitcoin were all declining. He has also reported on Netflix planning about 1,000 layoffs, its largest reduction since 2022. Singh’s recent updates add context to fast-moving developments in both traditional and digital asset sectors.

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