Binance Sues RedotPay for $473 Million Amid Crypto-Focused Enforcement Efforts
Binance is seeking $473M from RedotPay in a new lawsuit. This development comes after Binance recently assisted the Gujarat CID Crime's Cyber Centre of Excellence in tracing approximately ₹226.54 crore (about $23.96 million) in alleged crypto flows.
The company helped investigators with an ongoing investigation into suspected cyber-enabled fraud. The tracing was reportedly done without selling any cryptocurrencies, indicating a significant advancement in the field.