The Andreessen Horowitz-backed crypto exchange CoinSwitch becomes the latest on the Enforcement Directorate’s anti-money laundering hit list. Reportedly, CoinSwitch Kuber and five of its premises were searched by anti-money laundering agents over alleged violations of forex laws. This exchange is suspected of acquiring shares worth more than $250M in contravention of forex laws and non-compliance with certain know-your-customer (KYC) requirements.