Hi

After Wazirx been scrutinized by ED (Enforcement Directorate ) , another exchange which has been raided by ED is Coinswitch Kuber

https://www.businesstoday.in/crypto/story/ed-raids-5-premises-linked-to-crypto-exchange-coinswitch-kuber-including-ceos-residence-345606-2022-08-26

Q1) What could be the future of Indian Crypto Traders and Investors

Q2) Are all these exchanges involved in Money Laundering or some kind of illicit Activities

Q3) Does these exchanges working without any license or legal approvals

Q4) Are other existing exchanges fall under the same category

Q5) Is it the  time for people to switch to peer to peer