Hyderabad, Feb. 10 -- The Hyderabad Zonal Office of the Enforcement Directorate (ED) conducted searches at six locations in Ahmedabad in connection with a money laundering investigation related to a scam in which US citizens were allegedly cheated by persons posing as American government officials.

Cryptocurrency, cash seized

During the searches, ED officials from Hyderabad traced cryptocurrency worth USD 12,000 from the prime accused, Aqib Ghulam Rasool Ghanchi, and transferred it to the ED's official crypto wallet.

The agency also seized Rs 13.5 lakh in cash, recovered crucial digital evidence, and froze 31 bank accounts along with one bank locker.

Probe based on FIRs filed by Cyberabad Police, CBI

The ED initiated the probe based ...