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ED freezes Tether worth Rs. 47.64 lakh


Under the provisions of the Prevention of Money Laundering Act, the Enforcement Directorate has frozen crypto currencies and Tether, an Ether token pegged to the value of a US dollar, equivalent to Rs. 47.64 lakh (PMLA).

This follows an investigation by the ED into a person named Aamir Khan and others in relation to the mobile gaming application, E-nuggets.



The ED launched the money laundering investigation after the Park Street police station in Kolkata filed a FIR under various sections of the IPC on February 15, 2021.

According to the investigation, the accused was transferring the money earned through the gaming app (E-nuggets) using a crypto currency exchange.

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