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ED Freezes Gameskraft Assets 526 Cr Accuses Bot Tricks and High Stake Losses

Business
Published on 14 May 2026
ED Freezes Gameskraft Assets 526 Cr Accuses Bot Tricks and High Stake Losses

Users allegedly won early, then faced bots at stakes

The Enforcement Directorate has frozen Gameskraft Technologies assets worth ₹526.49 crore, seizing gold jewellery and cash as part of a money laundering probe. ED claims the company bypassed geolocation bans and used bots to manipulate outcomes, first luring users with small wins before losses at higher stakes. The action follows arrests of cofounders and scrutiny intensified by the 2025 online gaming law.

  • ED froze ₹526.49 crore and seized gold jewellery, cash
  • Allegations include bot-based manipulation and bypassing geolocation bans
  • ED claims user losses may total around ₹1,154 crore
  • Probe unfolds amid the 2025 online gaming regulatory crackdown
Read the full story at Inc42

This summarization was done by Beige for a story published on Inc42Inc42

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