Dossier
Gameskraft
Coverage of Gameskraft in the Nexus archive.
- ED attaches fresh ₹1,906 crore worth assets of Gameskraft
The Enforcement Directorate (ED) has attached ₹1,906 crore worth of assets from Gameskraft. The ED stated that Gameskraft and RummyTime Technologies operated online Real Money Games (RMGs) with a user base of approximately 3 crore players, primarily in Telangana, Andhra Pradesh, and Tamil Nadu.
- Karnataka High Court declares arrest of Gameskraft directors illegal; but allows ED to proceed against them by issuing summons
The Karnataka High Court ruled the arrest of Gameskraft directors by the Enforcement Directorate (ED) illegal, citing failure to issue summons under Section 50 of the Prevention of Money Laundering (PML) Act. However, the court permitted the ED to continue proceedings by issuing summons, noting no new evidence justified the arrest.