Indian agency files charges against businessman over crypto linked to scammers
Indian agency, The Enforcement Directorate, has filed a charge sheet against businessman Raj Kundra, accusing him of having about 285 Bitcoins, which are proceeds of crime. The Bitcoin, worth Rs. 150.47 crore (approximately $18 million), was received from late crypto scam mastermind Amit Bhardwaj, Indian authorities said.
The charge sheet was filed before the special Prevention of Money Laundering Act court. Indian authorities claimed that Kundra concealed crucial evidence in the case and failed to surrender the digital assets linked to the crime. According to the ED, Kundra remains in possession of the Bitcoin, enjoying the proceeds of crime. The Indian agency also mentioned that he conducted a transaction with his wife,…
