India, April 17 -- The Enforcement Directorate (ED) has taken a few hawala operators specialising in crypto-currencies under its scanner as part of its money-laundering probe against a Dubai-based businessman and others who are accused of Rs.100-crore fraud that involves the use of dubious financial schemes and forex trading to lure investors.

The agency will question such hawala traders to record their statements under provisions of the Prevention of Money Laundering Act (PMLA), sources said. The hawala traders under the scanner were allegedly used by the case's accused persons to remit the proceeds of crime to Dubai, in exchange for cryptocurrency such as USDT, the source said. The accused persons had allegedly taken the hawala route t...