Paytm shares nosedive 9% amid reports of ED probe in crypto scam

  • Posted on January 24, 2025
  • By Business News Today
  • 5 Views
Paytm shares nosedive 9% amid reports of ED probe in crypto scam

Paytm parent One97 Communications shares fell by up to 9% due to ED investigations into cryptocurrency scams involving several payment gateways. The ED has frozen Rs 500 crore in these gateways' virtual accounts related to scams run by Chinese nationals, impacting platforms like PayU, Razorpay, Easebuzz, and others.
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