Crypto trading platform WazirX is under investigation for laundering more than $350 million

Indian cryptocurrency trading platform WazirX is under investigation for two cases of money laundering and violation of foreign exchange rules, according to Beincrypto, which cited a written reply by Pankaj Chaudhary, Minister of State for Finance in the upper House of the Indian parliament, on August 3, BlockBeats news. Alleged that 27.9 billion rupees (more than $350 million) had been laundered on the platform.