Binance-linked WazirX says assets frozen by ED stand released

WazirX, linked to the world’s largest digital currency exchange Binance, said on Monday its bank accounts were unfrozen by India’s financial crime-fighting agency after more than a month.

The federal Enforcement Directorate (ED) had launched its investigation last year into the company for suspected violations of foreign exchange regulations and froze its assets worth 646.70 million rupees ($8.16 million).

WazirX said it is now in a position to continue its banking operations as usual.