India’s ED Targets CoinDCX and Delta Over Billions in Alleged Unauthorized Overseas Trades

India's Enforcement Directorate is targeting crypto exchanges CoinDCX and Delta over allegations of billions in unauthorized overseas trades. The ED claims CoinDCX routed customer funds through USDT to foreign exchanges without proper authorization. Traders should watch for potential enforcement action against a major Indian exchange, which could pressure local crypto liquidity and confidence.