Raj Kundra Faces ED Heat: ₹150 Crore Bitcoin Scam Exposed in Major Crackdown

Enforcement Directorate uncovers massive cryptocurrency fraud scheme involving high-profile businessman.

The Investigation Details

Authorities traced complex transaction patterns across multiple digital wallets—classic money laundering tactics adapted for the crypto age. Forensic accountants followed the blockchain trail through layered transactions and offshore exchanges.

Regulatory Response Intensifies

This case marks India's third major crypto enforcement action this quarter. Financial watchdogs are deploying specialized blockchain analysis tools that track digital asset movements across borders with surprising precision.

Industry Fallout

Legitimate crypto businesses face increased scrutiny thanks to these high-profile cases—because nothing says 'financial innovation' like regulators playing whack-a-mole with scam artists. The ₹150 crore figure represents just the traced transactions, suggesting the actual scale could be far larger.