ED lifts freeze on WazirX accounts; banking resumes

The Directorate of Enforcement has unfrozen the bank accounts of the cryptocurrency exchange WazirX, the company said in a blog post published on Monday.

In August, the federal agency that probes money laundering said it had conducted searches on one of the directors of Zanmai Lab Pvt Ltd, which operates WazirX, and issued an order to freeze its bank balances totalling Rs 64.67 crore.