Indian fintechs being probed in China-operated ₹2,200-crore crypto scam: Report
ED is probing Paytm, Razorpay, PayU, Easebuzz and four other payment gateways over ₹2,200-crore HPZ Token crypto scam case being operated by Chinese nationals, TOI reported. Scammers allegedly used the payment gateways to siphon "proceeds of crime". ED froze scammers' ₹500 crore kept in gateways' virtual accounts and is probing if gateways generated suspicious transaction reports and alerted RBI.