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WINZO DEPOSIT FREEZE
ED freezes Rs 526 crore bank deposits in PMLA case against GameskraftIn a major crackdown, the Enforcement Directorate has immobilised assets worth over Rs 526 crore from the online gaming platform Gameskraft...- ED freezes Rs 192 crore linked to Winzo in money laundering probeThe searches were conducted on December 30 by the ED’s Bengaluru zonal office at the premises of an accounting firm associated with WinZO, ...
- HC asks if ED could de-freeze Winzo’s accounts in lieu of bank guarantee for Rs 505 croreJustice Suraj Govindaraj is hearing a petition from WinZo praying that the search and seizure conducted by the agency at the company’s offi...
- ED arrests Winzo cofounders: All you need to know about Paavan Nanda, Saumya Singh RathorePer the ED, the gaming unicorn matched paying users against algorithms and not real people, which tilted the outcomes and ensured losses to...
- ETtech Explainer: Winzo founders' arrests, centre’s fraud charges a moment of reckoning for Indian gamingIn a startling turn of events, the founders of Winzo have been apprehended on charges of money laundering, casting a shadow over the Indian...
- ED trouble for Winzo, Gameskraft; Zetwerk IPO on the horizonED has frozen deposits of online gaming companies Winzo and Gameskraft. This and more in today's ETtech Top 5.
- ED freezes deposits worth Rs 523 crore in probe against online gaming platforms WinZo, GameskraftThe Enforcement Directorate has frozen Rs 523 crore in deposits belonging to online gaming firms WinZO and Gameskraft. These companies alle...
- Offshore betting sites cash in as RMG ban-hit local players retreatIndia's ban on real money gaming sees offshore platforms surge. Parimatch and 1XBet offer huge deposit bonuses. Experts warn of uncontrolle...
- Online gaming likely to see hiring pullbacks; layoffsThe GST Council's decision, to be implemented from October 1, will not only impact fresh hiring but also lead to job losses, particularly a...
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