Guavy AI Editorial TeamSentiment: 2.8Clout: 85

ED Shifts Focus on Cryptocurrency Crimes and Emerging Threats

The Enforcement Directorate (ED) has announced its intention to intensify efforts against emerging threats, including cryptocurrency-related crimes, terror financing, cyber-enabled crimes, and narcotics trafficking.

According to ED Director Rahul Navin, the agency has seen a decline in bank and real estate frauds due to the successful implementation of legislation such as the Insolvency and Bankruptcy Code Act and the Real Estate (Regulation and Development) Act (RERA).

The ED has filed 812 chargesheets and 155 supplementary chargesheets during the fiscal year 2025-26, achieving a conviction rate of 94 percent. Currently, there are 2,400 money laundering cases pending trial, with Rs 63,142 crore in assets restored to victims.