CoinDCX, a major player in India's cryptocurrency landscape, is under investigation by the Delhi Police for alleged bank fraud on its mobile application. Multiple complainants have reported irregularities, claiming they were coerced into paying additional funds during the withdrawal of their crypto investments. The allegations involve demands beyond the stipulated tax, raising questions about the platform's conduct. The unfolding scandal sheds light on potential misconduct within one of India's prominent crypto platforms, highlighting the need for transparency and adherence to regulations in the burgeoning cryptocurrency space. Investors await clarity on the fate of their funds as the police investigate the matter.
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Indian Crypto Exchange CoinDCX Under Legal Scrutiny for Alleged Bank Fraud and Irregularities
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