ED freezes Rs 526 Crore assets in Gameskraft money laundering case

The Enforcement Directorate has frozen Rs 526 crore in bank deposits and seized gold jewellery worth Rs 3.5 crore along with Rs 11 lakh in cash after conducting searches in a money laundering case against online gaming platform Gameskraft. The agency arrested three founders of the company following the raids, which were conducted under the Prevention of Money Laundering Act. The frozen assets include bank deposits, bonds, and fixed deposits, while the seized items include gold jewellery and cash.