According to @simplykashif, the Home Ministry’s Indian Cyber Crime Coordination Centre (I4C) reports that 27 Indian crypto exchanges are under scrutiny for moving Rs 623 crore tied to criminal activity between January 2024 and September 2025 (I4C via @simplykashif). The I4C disclosure signals heightened regulatory attention on Indian centralized exchanges, a risk factor traders should monitor for any official actions affecting INR on-ramps, withdrawals, or account KYC/AML requirements (I4C via @simplykashif). Market participants with exposure to Indian venues should follow I4C updates and exchange notices to manage counterparty and access risk during this scrutiny period (I4C via @simplykashif).