The money laundering case stems from several FIRs registered in Leh and J&K.
Srinagar:
In its first ever raids in the Union Territory of Ladakh, the Enforcement Directorate on Friday conducted searches as part of its money laundering probe linked to a fake cryptocurrency operator, officials said.
The agency raided at least six premises in Leh in Ladakh, Jammu and Sonipat in Haryana in the case against A R Mir and others.
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It is alleged that thousands of investors deposited money in a fake currency but did not get any returns or currency back.
The money laundering case stems from several FIRs registered in Leh and in the Union Territory of Jammu and Kashmir.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Silver’s explosive rally is flashing bubble warnings in quantitative models, but Societe Generale says those signals may reflect volatility and structure rather than an imminent reversal, as fundamentals continue to support higher prices.
Amid a year of big losses for major large-cap cryptocurrencies, two under-the-radar tokens captured the market’s attention by delivering eye-popping returns.
The Unprecedented Surge
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Solana (CRYPTO: SOL)-based memecoin pippin (PIPPIN) skyrocketed 5384% in 2025 to become the cryptocurrency market’s biggest gainer of the year.
Largely dormant throughout the year, the coin ignited an explosive rally around mid-November, culminating in an all-time high of $0.6109 last week.
PIPPIN was launched as a viral AI-generated unicorn image by Yohei Nakajima, creator of the autonomous AI agent BabyAGI. After going viral on social media, the community decided to transition the token into an autonomous AI agent on X.
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Cryptocurrency
YTD Gains +/-
Price (Recorded at 8:14 p.m. ET)
pippin
+5384.24%
$0.4212
AB
+2716.16%
$0.004567
See Also:Bitcoin Failed As ‘Store Of Value’ In 2025, But These Crypto Derivatives Of Gold, Silver Delivered Sharp Returns — Check Them Out
Similarly, AB (AB) token rallied 2716%, emerging as the second-most successful cryptocurrency of the year. Unlike PIPPIN, the coin erupted to new highs in early 2025 but lost its footing in the later stages.
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AB, formerly known as Newton Project, is a modular blockchain ecosystem focused on cross-chain interoperability and real-world asset integration. The native token is used for paying transaction fees, executing smart contracts and enabling governance.
These towering gains stood in stark contrast to the losses endured by more popular assets like Bitcoin (CRYPTO: BTC) and Dogecoin (CRYPTO: DOGE), which lost their way in the last quarter of the year following robust rallies earlier.
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While Bitcoin lost 4.59% year-to-date, Dogecoin has bled 60% since 2025 started.
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Photo Courtesy: Alexandru Nika on Shutterstock.com
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U.S. crypto regulation advanced sharply in 2025 as Congress set stablecoin rules, embraced regulated digital finance and accelerated market structure efforts, marking a broad legislative push that brought long-sought clarity to digital assets.
