look news india
ED seizes Rs 90 crore from crypto wallet: The Enforcement Directorate (ED) has seized Rs 90 crore from crypto wallet. Funds worth Rs 90 crore have been confiscated.
ED said that these crypto assets have been seized and processed and transferred to the ED's crypto wallet. There were complaints that online gaming scam app 'e-Nugget' was duping users by promising high returns on their investments.
ED investigated the case on the basis of FIR registered at Park Street Police Station, Kolkata. The ED registered the case under the provisions of the Prevention of Money Laundering Act.
what a scam
The app 'e-Nugget' offers a range of games aimed at awarding real money rewards. It also broadcasts an image to users guaranteeing golden investment opportunities, high commissions and returns. However, the app goes dark after the user makes an investment. Which drives investors away from the app without giving any return on their funds.
2500 fake accounts
Complaints of glitches on the app surfaced in 2022. In which it was told that the funds stolen from investors are being invested in digital assets. In which 2500 fake bank accounts were found. Based on information received from Binance and other exchanges, a total of 70 accounts linked to this scam are worth Rs. An amount of Rs 90 crore has been seized.
Who was the mastermind?
ED has filed a charge sheet against the masterminds of this scam, Aamir Khan and Romain Aggarwal and arrested them. A total of assets worth Rs 163 crore, including cryptocurrencies, cash and bank account balances, have been seized from these scammers, who also own some offices.