Friday, 28 November, 2025
ED Targets Global Money Laundering in Online Gaming Crackdown
India's Enforcement Directorate (ED) is widening its global probe against online gaming companies, including WinZO and Gameskraft, for money laundering. The agency is sending Letters Rogatory to countries like the US and Singapore regarding the diversion of funds. The action follows raids where the ED froze assets worth over ₹523 crore, alleging manipulation, fraud, and the operation of real-money games post-ban.
Read full story at Economic Times