India's ED has frozen an additional 150.22 bitcoins, valued at about $2.5 million, in its investigation into gaming app E-Nuggets. By amitoj
The total value of frozen or seized assets in the case now amounts to $8.4 million the ED said.
The investigation relates to a February 2021 complaint filed by regulators in India's eastern city of Kolkata against Aamir Khan, the app's creator, and others. The agency alleges that Khan and others launched E-Nuggets to collect money from the public in return for rewards on commissions, but later wiped out all data. Khan's contact information has not been known since the investigation began.
The ED said"multiple accounts were used to launder the money" and that Khan transferred some of the money overseas through a cryptocurrency exchange. As many as 77.6 bitcoins, worth roughly $1.5 million at the time, were frozen in that Binance account earlier this year.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tether Freezes $46M of USDT Following Law Enforcement RequestJUST IN: Stablecoin issuer Tether has frozen $46M of $USDT following a request from law enforcement. Reporting by oknightcrypto
Read more »
Tether freezes 46.3 million USDT owned by FTX at request of law enforcementTether has frozen 46 million of USDT owned by crypto exchange FTX, as a result of a request from law enforcement.
Read more »
AOC torched for 'patently false' claims about crime, law enforcement: 'She's delusional'The panelists on 'Outnumbered' criticized Rep. Alexandria Ocasio-Cortez, D-N.Y., after she downplayed New York's crime crisis and claimed increasing police isn't lowering crime on subways.
Read more »
Costco Lowers the Price of Just Bare Chicken NuggetsThe retailer just announced that it has dropped the price of this Chick-fil-A chicken nugget dupe—here's how much they cost now.
Read more »
Nuggets storm back from 18-point deficit for fourth win in a rowThe Nuggets had so much fight in them, even their fiery coach Michael Malone was looking for some.
Read more »