The Enforcement Directorate (ED), India’s financial crime enforcement agency, has blocked nearly US$1.5 million in cryptocurrencies as part of a money laundering probe against mobile gaming app E-nuggets. After authorities in the eastern city of Kolkata submitted a complaint against the suspects in February last year, the ED initiated a money laundering probe into E-Nuggets founder Aamir Khan “and others.” After collecting a considerable amount of money from customers, the app allegedly stopped withdrawals and wiped all data from the app servers. An ED-led raid on Khan’s home earlier this month resulted in the recovery of around US$2.1 million.
