India’s ED Freezes More Bitcoin in E-nuggets Case
India’s Enforcement Directorate (ED) announced Thursday that it has frozen 44.5 bitcoins under the country’s Prevention of Money Laundering Act (PMLA). The ED is the government of India’s law enforcement and economic intelligence agency.
The official Twitter account for the ED tweeted:
“ED has carried out search operation at 2 premises in Kolkata and seized cash of Rs 1.65 Cr, froze 44.5 bitcoin (equivalent Rs 7.12 Cr) & other incriminating documents under PMLA, in respect to an investigation being conducted relating to the mobile gamming app., namely E-nuggets.”