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Directorate of Enforcement has seized Rs.8.26 Crore in the case of Pigeon Education Technology India Private Limited under Section 37A of the Foreign Exchange Management Act,1999. The company is providing online education in the name of Odaclass. Earlier ED had conducted search and seizure action against the company.

Pakistan’s government has released a fresh ban on crypto operating in the country as crypto is increasingly popular.

Herzen announced that the company is willing to bear the losses from the hacking incident and assist foreign exchange investors in recovering their losses.

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