The above might be too far-fetched as it only applied to India? They did pay a fine to the regulator and resumed trading (might not be the same strategy though)
To OP’s original question, they made $20B last year and have a niche in several financial products
Yes, the fraud was done in india. Why does that matter?
“Banned from the Asian markets” was the original claim. The actual fact is: banned from Indian markets, with the ban now lifted.