Last mentioned: 2d ago
Bail Granted
Kundra appears in court and is granted bail; trial proceedings to continue.
Bail Granted
Special PMLA court in Mumbai grants bail to Raj Kundra on a ₹1 lakh surety.
Court Appearance
Kundra appears before the court following summons related to the Bitcoin scam.
Court Summons
Special PMLA court issues summons to Kundra after taking cognizance of the ED charge sheet.
ED Investigation Intensifies
Enforcement Directorate focuses on the 285 BTC allegedly received by Kundra.
Asset Attachment
ED previously attached properties worth ₹97 crore linked to Kundra and Shetty in this case.
Active Cooperation
Kundra begins participating in the ED investigation and providing statements.
Investigation Begins
ED starts probing the Gain Bitcoin Ponzi scheme and Kundra's involvement.
Alleged Transaction
Kundra allegedly receives 285 BTC for a Ukraine mining project.
A special Mumbai court has granted bail to businessman Raj Kundra in a high-profile ₹150 crore Bitcoin scam involving alleged money laundering. While the court found sufficient grounds to proceed with the trial, Kundra was released on a ₹1 lakh surety as investigations into his role in a purported crypto mining scheme continue.
A Mumbai special court has granted bail to businessman Raj Kundra in a high-profile money laundering case linked to the Gain Bitcoin Ponzi scheme. The Enforcement Directorate alleges Kundra is in possession of 285 Bitcoins, currently valued at over ₹150 crore, stemming from a failed 2017 mining venture.