{"id":1015775,"date":"2026-06-20T08:10:33","date_gmt":"2026-06-20T02:40:33","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1015775"},"modified":"2026-06-20T08:12:46","modified_gmt":"2026-06-20T02:42:46","slug":"ed-case-against-five-bengaluru-based-entities-for-unauthorised-cross-border-crypto-transactions","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/20\/ed-case-against-five-bengaluru-based-entities-for-unauthorised-cross-border-crypto-transactions\/","title":{"rendered":"ED case against five Bengaluru-based entities for &#8216;unauthorised&#8217; cross-border crypto transactions"},"content":{"rendered":"<p>The Enforcement Directorate (ED) on Friday said it initiated a FEMA investigation against five Bengaluru-based companies alleged to have undertaken cross-border transactions worth Rs 2,500 crore using cryptocurrency without due authorisation from the RBI. <\/p>\n<p>The central agency conducted searches at six premises in Karnataka&#8217;s capital city on June 17. <\/p>\n<p>It identified the covered entities through their brand identities and holding company names: Transak (Transak Technology India); Carret (Carretx Technologies); Xpat, formerly known as Remit2any (Mokshagna Technologies); Onramp. money (Buyhatke Internet) and Onmeta (Abhibha Technologies).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Enforcement Directorate (ED) on Friday said it initiated a FEMA investigation against five Bengaluru-based companies alleged to have undertaken cross-border transactions worth Rs 2,500 crore using cryptocurrency without due authorisation from the RBI. The central agency conducted searches at six premises in Karnataka&#8217;s capital city on June 17. It identified the covered entities through their brand identities and holding company names: Transak (Transak Technology India); Carret (Carretx Technologies); Xpat, formerly known as Remit2any (Mokshagna Technologies); Onramp. money (Buyhatke Internet) and Onmeta (Abhibha Technologies).<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1015775","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1015775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1015775"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1015775\/revisions"}],"predecessor-version":[{"id":1015798,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1015775\/revisions\/1015798"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1015775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1015775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1015775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}