ED expands focus to crypto fraud terror financing as chargesheets nearly double

Conviction rate stays at 94 percent as new threats rise

The Enforcement Directorate says it is widening its crackdown to cryptocurrency frauds, terror financing, cybercrimes, and drug trafficking. It notes that bank and real estate fraud cases have dropped after new laws, while it has nearly doubled chargesheets filed in the last fiscal year. The ED cites a 94% conviction rate and returning over Rs 63,000 crore in assets to victims.