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According to the ED, Raj Kundra received 285 Bitcoins from the mastermind and promoter of Gain Bitcoin Ponzi scam Amit Bhardwaj for setting up a Bitcoin mining farm in Ukraine. The deal, however, did not materialize, and Kundra is still in possession of the 285 Bitcoins, which are valued at more than Rs 150 crore.
The Enforcement Directorate on Thursday said it has attached assets worth Rs 98 crore, including a bungalow in Pune and equity shares, of actor Shilpa Shetty and her husband Raj Kundra as part of a money laundering investigation. The case pertains to cheating of investor funds through use of bitcoins.
Actor Shilpa Shetty Kundra and husband Raj Kundra's advocate reacts to their assets being attached by ED in a money laundering case.
Nitin Gaur was arrested in Delhi on December 29, and brought to Mumbai where a city court remanded him in ED custody till January 6 | Latest News India
The Enforcement Directorate is investigating nine overseas firms, including those in Hong Kong and Estonia, that were allegedly used to divert funds from a bitcoin-based ponzi scheme operated by Variable Tech. The scheme collected 80,000 bitcoins and diverted funds worth INR 6,606 crore ($915 million) through the nine firms to purchase properties abroad. The investigation has resulted in the provisional attachment of properties worth INR 69 crore. | Mumbai news