The Enforcement Directorate has frozen Rs 526 crore in bank deposits and seized gold jewellery and cash in a PMLA probe targeting Bengaluru-based online gaming firm Gameskraft and three arrested founders. Searches began on May 7 across Delhi-NCR and Karnataka, ending May 13. ED says movable deposits and investments were immobilised while jewellery and cash were confiscated. It alleges the company used illegal bots to manipulate real-money rummy, causing user losses of Rs 1,154 crore and severe distress. Gameskraft denies bot involvement and faces money-laundering accusations.
The Enforcement Directorate has frozen Gameskraft Technologies assets worth ₹526.49 crore, seizing gold jewellery and cash as part of a money laundering probe. ED claims the company bypassed geolocation bans and used bots to manipulate outcomes, first luring users with small wins before losses at higher stakes. The action follows arrests of cofounders and scrutiny intensified by the 2025 online gaming law.
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The Karnataka High Court has ordered the Enforcement Directorate (ED) to respond to petitions challenging the arrest of Gameskraft founders in a money laundering case. The ED alleges the founders lured players into real-money games and laundered about Rs 250 crore. The court’s notice signals scrutiny of the ED’s actions as the legal challenge moves forward.
The Enforcement Directorate has arrested three founders of online gaming platform Gameskraft—Deepak Singh, Prithvi Raj Singh, and Vikas Taneja—under the PMLA. The move follows raids and a money laundering case tied to alleged fraud. ED had earlier frozen their bank accounts as part of its investigation, signaling the probe is widening beyond initial allegations.
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