🚨 Breaking News from India🚨

🇮🇳 The Enforcement Directorate (ED) has seized assets worth ₹90 crore (~$11 million) associated with the E-Nugget scam app.

The seized assets include funds and #cryptocurrencies

The ED worked in collaboration with cryptocurrency exchanges #Binance ZebPay and WazirX

#ENuggetScam #CryptoScam #CryptoNews
$BTC $USDC $SOL

Binance's collaboration with the Enforcement Directorate (ED) in India to expose the E-Nuggets scam demonstrates its commitment to complying with regulations and combating illicit activities. By assisting in the takedown of the scam app, Binance aims to rebuild trust with the Indian government as it prepares to reenter the market after paying a $2 million fine. This strategic move aligns with Binance's goal to fulfill all legal requirements and regain access to significant markets like India. Additionally, Binance plans to introduce payment solutions, establish an Indian team, and invest in the country's blockchain ecosystem to further solidify its position. #ENuggetScam #Binance #ScamRickWarning #CryptoSafetyMatters