AGLD

India Enforce
2026-07-21 12:31:52

India’s Enforcement Directorate raids virtual asset OTC fraud case, seizes 8,700 USDT

India’s Enforcement Directorate, through its Bengaluru zonal office, carried out search operations on July 18 and 19 under the Prevention of Money Laundering Act (PMLA) in connection with a virtual asset over-the-counter fraud case targeting overseas investors. According to ChainCatcher, the group allegedly used private social channels to claim it could supply tokens including MultiversX, Kava, BEAM, GRASS, SUI, VANA and AGLD at discounted prices, drawing foreign investors into sending funds. The total amount tied to the case was reported at about $35 million, and the matter was initially registered following a complaint from a Dutch entity. During the operation, authorities seized electronic devices, wallet-related records and crypto assets worth 8,700 USDT. The agency said the investigation is still expanding as officials work to uncover the full criminal chain.

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India’s Enforcement Directorate raids virtual asset OTC fraud case, seizes 8,700 USDT
Strait of Hor
2026-07-12 22:53:20

24H crypto roundup: Iran says Hormuz Strait is currently closed, while Robinhood Chain tops $1 billion in first-week DEX volume

Crypto markets opened the July 13 cycle with mixed performance across the most-traded tokens on centralized exchanges, while geopolitics and U.S. policy developments drove much of the broader headline flow. Among the top 10 CEX tokens by trading volume, BNB, BTC, ETH, SOL and XRP posted losses over the past 24 hours, while WLD, ZEC and TRX moved higher. LAT led OKX’s 24-hour gainers with a 58.58% jump, followed by AGLD and T. On-chain meme activity tracked by GMGN featured Harris, Boycoin, fubu, HYPNO and SUNNYS. Outside the market screens, Iran’s Strait management authority said the Strait of Hormuz is currently not passable and that permit reviews will resume after conditions stabilize, according to Xinhua. That statement came alongside comments from Iran’s top leader Mojtaba Khamenei, who said Iran would retaliate against the U.S. and Israel, while U.S. Central Command said shipping through the waterway remains open and that Iran does not control the strait. In crypto-specific developments, a U.S. housing bill containing a ban on a Federal Reserve central bank digital currency has taken effect after Donald Trump neither signed nor vetoed it within 10 days. Robinhood Chain reported more than $1 billion in DEX volume in its first week, and ZachXBT alleged market manipulation involving LAB-linked addresses.

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24H crypto roundup: Iran says Hormuz Strait is currently closed, while Robinhood Chain tops $1 billion in first-week DEX volume