First ever ED raids in UT of Ladakh related to cryptocurrency case

In its first ever raids in the Union Territory of Ladakh, the Enforcement Directorate on Friday conducted searches as part of its money laundering probe linked to a fake cryptocurrency operator, officials said.

The agency raided at least six premises in Leh in Ladakh, Jammu in J-K and Sonipat in Haryana in the case against A R Mir and others.

It is alleged that thousands of investors deposited money in a fake currency but did not get any returns or currency back.