Cryptocurrency exchange WazirX said in its transparency report for H1 FY23 that it received 828 requests from law enforcement agencies (LEA) against a total of 10 million transactions on the platform between April and September 2022.
Of the total number of queries received, 64 were from foreign law enforcement agencies such as the United States Federal Bureau of Investigation (FBI) and Interpol, while 764 were from Indian law enforcement agencies such as the National Investigation Agency (NIA), Enforcement Directorate (ED), and others. WazirX stated that it blocked over 700 accounts during the period, the majority of which were requested by users.
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Cryptocurrency exchange WazirX said in its transparency report for H1 FY23 that it received 828 requests from law enforcement agencies (LEA) against a total of 10 million transactions on the platform between April and September 2022.
Of the total number of queries received, 64 were from foreign law enforcement agencies such as the United States Federal Bureau of Investigation (FBI) and Interpol, while 764 were from Indian law enforcement agencies such as the National Investigation Agency (NIA), Enforcement Directorate (ED), and others. WazirX stated that it blocked over 700 accounts during the period, the majority of which were requested by users.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.
