‘No query from ED’: Paytm denies reports of facing probe in ₹2,200 crore crypto scam

Paytm clarified on Friday, January 24, that it had not received any fresh notice, communication, or query from the Enforcement Directorate (ED) after reports suggested that the leading fintech major was among companies facing a probe over ongoing cryptocurrency scams. Vijay Shekhar Sharma-led fintech dismissed the media reports as ‘factually incorrect and misleading’.

“We confirm that we have not received any such new notice, communication, or query from the ED regarding the matter mentioned in the media articles,” Paytm said in a regulatory filing to the stock exchanges today, terming the information published in reports as “factually incorrect and misleading”.