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India's Enforcement Directorate freezes Rs 23.85 billion in crypto assets linked to OctaFX scam
October 21, 2025
CoinFeed News
India's Enforcement Directorate (ED) has frozen cryptocurrency assets worth 23.85 billion rupees (approximately $270 million) in connection with the OctaFX scam in India. This latest action brings the total value of seized and frozen assets in the OctaFX case to 26.81 billion rupees. The case's main suspect, Pavel Prozorov, has been arrested in Spain, and India is pursuing extradition proceedings.