Enforcement Directorate alleges FEMA contraventions involving cryptocurrency payments

Published 03 Nov 2026, 17:49 IST

What each side is saying

One outlet's own words from each side of the spectrum. Quoted, not summarised.

left · 1 outlet

The Enforcement Directorate searched four premises linked to Mudrex, Saber.money and Instadapp over alleged FEMA violations involving cryptocurrency transactions worth more than Rs 5,000 crore. The post Enforcement Directorate alleges FEMA contraventions involving cryptocurrency payments appeared…

— Medianama
center · 1 outlet

VIJAYAWADA: The AP Crime Investigation Department (CID) has cracked a transnational cryptocurrency investment fraud involving approximately USD 1.5 million (nearly Rs 15 crore), marking the first such breakthrough by the agency in the State. AP CID chief Ravishankar Ayyanar said the CID team had…

— The New Indian Express

RSS excerpt

The Enforcement Directorate searched four premises linked to Mudrex, Saber.money and Instadapp over alleged FEMA violations involving cryptocurrency transactions worth more than Rs 5,000 crore. The post Enforcement Directorate alleges FEMA contraventions involving cryptocurrency payments appeared…

Coverage arrived over 39 hours — first from Medianama, latest from The New Indian Express.

✓ Corroborated Coverage 2 news outlets reporting

Fact-Check & Bias Analysis

Reported by multiple independent newsrooms.

Coverage Bias Distribution

Based on 2 reporting publishers

L 50%

C 50%

Left / Center-Left 1 (50%)

Center 1 (50%)

Center-Right / Right 0 (0%)

Compare all reporting outlets (2)

Medianama Center-Left Medianama Current article 03 Nov 2026, 17:49 IST

Enforcement Directorate alleges FEMA contraventions involving cryptocurrency payments

Read full article at Medianama ↗

The New Indian Express Center Express Publications (Madurai) Ltd. 05 Nov 2026, 09:07 IST

AP Crime Investigation Department busts Rs 15 crore crypto racket

VIJAYAWADA: The AP Crime Investigation Department (CID) has cracked a transnational cryptocurrency investment fraud involving approximately USD 1.5 million (nearly Rs 15 crore), marking the first such breakthrough by the agency in the State. AP CID chief Ravishankar Ayyanar said the CID team had…

Compare on Varta → Read at The New Indian Express ↗