India's Crypto Crackdown Resumes As It Accuses a16z-Backed Coinswitch Kuber Of Violating Forex Laws

India’s anti-money laundering agency has accused a16z-backed crypto exchange CoinSwitch Kuber of violating forex laws, Bloomberg reported, citing sources.  What Happened: India’s Enforcement Directorate (ED) carried out searches at five premises of CoinSwitch Kuber, including the residences of directors and the CEO.