{
  "id": 18608433,
  "title": "ED tracking $1m transfer to 'meddle in domestic affairs'",
  "url": "https://urgent.news/2026/11/07/ed-tracking-1m-transfer-to-meddle-in-domestic-affairs",
  "topic": "culture",
  "section": "Culture",
  "published": "2026-11-07T01:04:39.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/india/ed-tracking-1m-transfer-to-meddle-in-domestic-affairs/articleshow/135623987.cms"
  },
  "original_language": "en",
  "account": "The Enforcement Directorate (ED) has launched an investigation into two foreign entities suspected of meddling in India's domestic affairs by transferring $1 million through various jurisdictions. TCC Digital Markets Ltd, a company registered in Saint Kitts and Nevis, is believed to be the source of the funds that moved through Germany, Dubai, Lithuania, Canada, St Kitts, and the UK. The German trust Dr Matthias Karl Vogt was identified as the actual origin of the $1 million fund, which was first transferred to XBase Digital UAB in Lithuania to circumvent German law. Intelligence gathered by the agency revealed that digital assets originated from hawala (illegal money transfers) to Dubai and Lithuania before being moved to the UK. The UK-based firm received the money between February and March 2026 in its Airwallex (UK) Ltd account. The investigation also found another transaction by a Canadian-registered entity, ZBase Digital Inc, transferring $500,000 to the same Airwallex account. The combined value of the two transactions amounts to $1.5 million. The Caribbean islands, known as tax havens, are convenient for laundering proceeds of crime.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}