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CoinDCX : Indian law enforcement picks CoinDCX for seized crypto custody.

CoinDCX News The cryptocurrency exchange CoinDCX has been chosen by India’s law enforcement and economic intelligence agency, the Enforcement Directorate, to handle bitcoin that has been confiscated during current investigations. After working with the Enforcement Directorate and assisting with the seizure process for ED investigations involving cryptocurrency, CoinDCX announced in a press release on March 5 that it will oversee the custody of confiscated assets. According to CoinDCX co-founder Sumit Gupta, the exchange has established a dedicated staff with cutting edge security measures, such as multi-signature and multi-party computation wallets, for custody management. The collaboration follows CoinDCX’s creation of an investor protection fund following…