Paytm shares nosedive 9% amid reports of ED probe in crypto scam

Shares of fintech major One97 Communications, which operates the payments platform Paytm, fell by up to 9% to a day’s low of Rs 773.90 on Friday after reports emerged that Paytm is among the eight payment gateways being investigated by the Enforcement Directorate (ED) in a cryptocurrency scam.

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