ED Freezes Bitcoins Worth Over Rs. 12 Crore From Gaming Platform E-Nuggets

The Directorate of Enforcement (ED) has frozen Bitcoins equal to price Rs. 12.83 crore underneath the provisions of the Prevention of Money Laundering Act (PMLA) after an investigation being performed towards a person named Aamir Khan and others regarding the cellular gaming software — E-nuggets.

According to the enforcement company, it initiated an investigation on the premise of an FIR dated February 15, 2021, filed underneath varied sections of IPC by Park Street Police Station, Kolkata Police, towards Aamir Khan and others, based mostly on a grievance filed by Federal Bank authorities, within the court docket of Chief Metropolitan Magistrate, Calcutta.

Aamir Khan, son of Nesar Ahmed Khan, launched a cellular gaming software E-Nuggets, which the ED stated was designed for the aim of defrauding the general public.

“Further, after collecting the sizable amount of money from the public, all of a sudden withdrawal from the said App was stopped on one pretext or the other. There after, all data including profile information was wiped off from the said App servers,” the company stated on Wednesday.

The company’s investigation revealed that the accused was transferring a part of the quantity illegally earned by the gaming app (E-Nuggets) to abroad by utilizing Crypto Currency Exchange.

“It was found that one such dummy account in the name of Sima Naskar, Proprietor of Pixal Design was opened in the WazirX, which was used to purchase the cryptocurrencies/crypto assets. Thereafter, the said cryptocurrencies were further transferred to another account in another Crypto Exchange namely ‘Binance’,” it stated.

It was reported earlier this month that the Enforcement Directorate (ED) has raided the promoters of a Kolkata-based cellular gaming app firm. The officers have recovered money over Rs. 7 crore through the raid, as knowledgeable, which was part of a money-laundering investigation. The gaming app titled E-Nuggets and its promoter, recognized as Aamir Khan and others, have been investigated by the ED after an FIR was filed towards the corporate. The ED revealed concerning the raid by a tweet.