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Indian Government Freezes 22.82 Crore Worth Bitcoin

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1

Today, Enforcement Directorate searched Binance Crypto Exchange.

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2

The federal investigation agency has frozen 150.22 Bitcoins, equivalent to Rs 22.82 Crore under PMLA 2002.

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3

This was related to an ongoing probe into the mobile gaming app Enuggets.

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4

In September, ED froze BTC worth Rs 12.83 Crore in an investigation into Aamir Khan and others involved with E-nuggets.

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5

E-nuggets were charged with money laundering. The case was brought against its promoters in Kolkata on February 20, 2021.

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6

ED also found out that Khan released E-Nuggets, a mobile gaming app, with the intent of defrauding its users.

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7

Central probe agency stated in September that all data, including profile data, had been deleted from the App servers.

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