Friday, September 16, 2022

Chinese loan apps under scanner: ED freezes funds worth over Rs 46 crore from payment gateway accounts

The searches were launched on September 14 at multiple premises of the accused in Delhi, Mumbai, Ghaziabad, Lucknow and Gaya. Sixteen premises of banks and payment gateways in Delhi, Gurugram, Mumbai, Pune, Chennai, Hyderabad, Jaipur, Jodhpur and Bengaluru in respect of an investigation related to an app-based token named HPZ and related entities were also covered, the federal agency said in a statement. https://ift.tt/gS8BZ0D

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Montenegro says Terraform Labs co-founder Do Kwon will be extradited to the US, potentially ending a standoff over competing demands by the US and South Korea (Bloomberg)

Bloomberg : Montenegro says Terraform Labs co-founder Do Kwon will be extradited to the US, potentially ending a standoff over competing ...