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ED attaches Rs 18-crore assets in 1xBet illegal betting case; seizures hit Rs 37 crore

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ED attaches Rs 18-crore assets in 1xBet illegal betting case; seizures hit Rs 37 crore

India

The Indian Express•Mar 2

ED attaches Rs 18-crore assets in 1xBet illegal betting case; seizures hit Rs 37 crore

10 crore under the Prevention of Money Laundering Act (PMLA), targeting the illegal online betting platform 1xBet. “Probe has also revealed that Parthtech Developers LLP, which runs high-traffic cricket platforms CREX and OneCricket, signed structured ad agreements with Bwise Media AG, Switzerland, to promote 1xBet and similar illegal platforms.