BREAKING: ED Uncovers ₹296 Cr Crypto Scam – OctaFX Tied to WazirX & Binance

India's Enforcement Directorate just dropped a bombshell—₹296 crore seized in a sprawling crypto fraud investigation. The trail leads straight to OctaFX... with smoking-gun connections to major exchanges WazirX and Binance.

Behind the glossy facade of 'easy crypto profits,' investigators found the usual suspects: phantom transactions, suspicious wallet movements, and enough red flags to outfit a bull market. The ED's forensic team traced digital breadcrumbs across multiple platforms before freezing assets in a classic 'follow-the-money' play.

While exchange spokespeople scramble with PR statements, one thing's clear—when regulators come knocking with nine-figure seizures, somebody wasn't as decentralized as they claimed. Another day, another reminder that in crypto, the only thing growing faster than blockchain adoption is creative accounting.