India's Enforcement Directorate searches CoinDCX and Delta Exchange in currency probe
India's Enforcement Directorate searched three Bengaluru premises tied to CoinDCX and Delta Exchange India on 4–5 November over suspected breaches of foreign-exchange law. The agency alleges rupee deposits were turned into USDT and routed to offshore venues through a Costa Rica-based entity, and that fees and transfers worth hundreds of crores went abroad. CoinDCX calls it a routine enquiry and says services continue; Delta says user funds sit in Indian banks. No arrests or asset freezes have been reported.