The ED officials attached the immovable properties under the provisions of the Prevention of Money Laundering Act (PMLA), ...

Soon after, the FIU-IND announced that Bybit was not in compliance with the Prevention of Money Laundering Act (PMLA). ByBit was directed to pay a Rs. 9.27 crore penalty by the regulator. In its ...

The Delhi High Court bench of Justice Manmeet Pritam Singh Arora has held that in accordance with Section 32A(1) of the ...

The assets attached include immovable property in the form of plot of land measuring 0.1280 hectares, located in South Sikkim owned by Narendra Chettri and movable properties in the form of Bank ...

Mumbai: The special PMLA court on Thursday rejected the bail plea of Akram Shafi, who was arrested by the Enforcement Directorate (ED) on November 21 for his role in the Malegaon money laundering case ...

Cryptocurrency exchange Bybit has re-entered the Indian market after suspending operations due to mounting regulatory ...

Bybit has been fined 9.27 crore rupees ($1.06 million) by India’s Financial Intelligence Unit (FIU) for violating the country ...

India's financial watchdog has levied a hefty fine of $1.06M (9.27 crore rupees) on Bybit for failing to adhere to anti-money ...

ByBit resolves compliance issues, registers with India’s FIU as a reporting entity a month after suspending services.

Bybit continues to pursue a full operational license in India after being fined over $1 million due to compliance issues.