India’s ED Freezes ₹2,385 Crore in Crypto Linked to OctaFX Fraud

The statement's truthfulness is strongly supported by a high degree of consistency across multiple, authoritative sources. Several major Indian news outlets, including Livemint (Source 1), Deccan Herald (Source 6), and The Hindu Business Line (Sources 8, 9), independently and explicitly report that the Enforcement Directorate (ED) has attached or seized cryptocurrency assets valued at precisely ₹2,385 crore in connection with the OctaFX investigation. The primary sources, which are official press releases from the ED, corroborate the core elements of the claim. They confirm a large-scale, ongoing investigation into OctaFX for illegal forex trading and characterize it as a fraudulent scheme (Sources 2, 4, 5, 7). Crucially, one of the press releases (Source 3) directly confirms that the ED has "attached/seized/frozen" assets in this case, providing an official basis for the news reports of a seizure. While the provided summaries of the ED press releases do not explicitly mention the ₹2,385 crore figure or specify that the assets were cryptocurrency, this does not contradict the claim. It is common for news organizations to report on the specific details contained within the full text of such press releases or from official briefings. The perfect alignment of the specific figure and asset type across numerous credible media reports makes it highly probable that they are accurately reporting information from an official ED source. Therefore, the combination of direct government confirmation of an asset seizure and unanimous reporting of the specific details by reputable media makes the statement very likely to be true.