ED has given information about these raids in a tweet. The promoters of this gaming app called E-Nuggets have been identified as Aamir Khan and some others. A report states that an FIR was registered against this firm last year. Raids have been conducted at locations linked to this app and its promoters. Over Rs 7 crore has been seized in the raids. The report added that the money laundering case was being probed in connection with an FIR lodged at Kolkata’s Park Street Police Station last year.
It has been told in the report that the fraud was done after gaining the trust of the people with this mobile gaming app. Initially users were lured with higher commission but later its promoters discontinued the withdrawal feature citing reasons like system upgrade or investigation by law enforcement agencies. recently Ed also sent summons to some crypto exchanges. The summons was issued for allegedly violating money laundering and foreign exchange norms. These exchanges included CoinDCX, WazirX and Coinswitch Kuber. ED is probing alleged money laundering of Rs 2,790 crore through WazirX.
In another case, it was discovered that WazirX allowed foreign users to convert from one cryptocurrency to another on its platform upon request, as well as using transfers from third party exchanges such as FTX. Even before this, ED has taken action in some cases regarding crypto exchanges. the inspection is of. The central government does not want to give any exemption to the crypto industry in the country. Crypto is being taxed like betting and lottery profits. For the last several months, this industry is facing difficulties.