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India Flags Hidden Crypto Practices That Mirror Global Exchange Failures

India’s financial watchdogs have reportedly uncovered a troubling trend in the cryptocurrency sector, where client deposits on exchanges are being redeployed without investor knowledge. According to the income tax depart...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

India Flags Hidden Crypto Practices That Mirror Global Exchange Failures
India’s financial watchdogs have reportedly uncovered a troubling trend in the cryptocurrency sector, where client deposits on exchanges are being redeployed without investor knowledge. According to the income tax department’s investigation, platforms routinely use customer tokens for lending, staking, or liquidity enhancement, retaining profits while granting users only the right to sell their holdings. Officials […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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