All About Rs 6,600 Crore Bitcoin Scam That Raj Kundra Is Being Probed In

The case pertains to the masterminds launching an investment scheme called 'Gain Bitcoin' in 2017.

Raj Kundra, businessman and actor Shilpa Shetty's husband, has landed on the radar of the Enforcement Directorate in a money laundering case linked to a Ponzi scheme. The probe agency has seized properties worth Rs 97.79 crore, which also includes a Mumbai flat registered in the name of Shilpa Shetty. Raj Kundra, though, is not the prime accused in the case.

The case pertains to the masterminds launching an investment scheme called 'Gain Bitcoin' in 2017. They approached investors with a false promise of a 10 per cent a month return, but in the form of bitcoins.

In a short span, they managed to raise Rs 6,600 crore.