---
title: "Income tax raids in India reveal connection between Hawala and crypto, $2m confiscated"
url: https://diffcoin.com/income-tax-raids-in-india-reveal-connection-between-hawala-and-crypto-2m-confiscated/
description: "Discover the income tax raids in India that uncovered links between Hawala and crypto, leading to the confiscation of $2 million in illicit funds."
published: 2024-12-26
updated: 2024-12-26
author: "Mila"
site: "Diffcoin"
---

# Income tax raids in India reveal connection between Hawala and crypto, $2m confiscated

Hawala networks and crypto transactions have emerged as part of a complex money laundering plot that the income tax authorities in Jaipur have uncovered. 
 
[Source link](https://crypto.news/india-income-tax-raid-hawala-crypto-and-2m-confiscated/)