Court Summons Raj Kundra and Rajesh Satija in Bitcoin Money Laundering Case
9 hours agoCrime
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5 SourcesNanded, India
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Court Summons Raj Kundra and Rajesh Satija in Bitcoin Money Laundering Case

A special Prevention of Money Laundering Act (PMLA) court has summoned businessman Raj Kundra and Dubai-based Rajesh Satija in connection with the GainBitcoin cryptocurrency fraud case. The Enforcement Directorate (ED) alleges Kundra received 285 Bitcoins, valued at over Rs 150 crore, from the scheme's promoter. The court found sufficient prima facie material to proceed against them for money laundering offences, noting Kundra's claim of being a mediator was not supported by evidence.

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