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What is Bitcoin Fraud Involving Raj Kundra? How Did ED Begin Probe? Other Cases Against Shilpa Shetty s Husband

According to the ED, Raj Kundra received 285 Bitcoins from the mastermind and promoter of Gain Bitcoin Ponzi scam Amit Bhardwaj for setting up a Bitcoin mining farm in Ukraine. The deal, however, did not materialize, and Kundra is still in possession of the 285 Bitcoins, which are valued at more than Rs 150 crore.

Shilpa Shetty and Raj Kundra: Understanding the Rs 6,600 Crore Investment Fraud Case

According to reports, businessman Raj Kundra purportedly received 285 Bitcoins from his co-accused in the Gain Bitcoin Ponzi scheme case. These funds were intended to establish a Bitcoin mining farm in Ukraine.

ED provisionally attaches Raj Kundra s assets worth ₹97 79 crore in Bitcoin-based Ponzi scheme case

The properties include a residential flat in Juhu presently in the name of Shilpa Shetty, a residential bungalow in Pune and equity shares in Raj Kundra s name. | Latest News India

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