GLOBEALERT
Business● ElevatedOct 29 · Oct 29, 2026, 6:36 PM

ED searches premises linked to Mudrex, Instadapp over alleged ₹4,600-crore FEMA violations

GlobeAlert Desk · curated from thehindu · india · South Asia

ED conducts searches linked to alleged ₹4,600 crore FEMA violations involving Mudrex and Instadapp in Bengaluru and MP over unauthorised cross-border crypto transfers.

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Threat level
2 Elevated

Scored from severity, scale, escalation potential and source agreement. Below the alert threshold.

Sources
1 publisher

Single-source so far. Treat details as unconfirmed until more publishers report.

Category
Business

Not flagged as developing.

South Asia theater · last 7 days
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