ED vs WinZO: Co-founder Saumya Rathore Bailed, Paavan Nanda's Plea Rejected in PMLA Case

• Bengaluru court granted bail to WinZO co-founder Saumya Singh Rathore in an ED money-laundering case, citing gender grounds under PMLA Section 45.
• Co-founder Paavan Nanda's bail plea was rejected, and he was remanded to ED custody for further interrogation due to the stringent PMLA conditions.
• ED alleges WinZO manipulated algorithms for ₹177 crore wrongful gains, diverted funds overseas, laundered money via AWS, and had $55 million in transnational flows.
• WinZO has challenged ED's search and seizure operations in Karnataka High Court, seeking to quash actions and stay freezing orders on its bank accounts.
• The gaming platform faces severe operational disruption since December 2, with users unable to access funds, raising concerns about its stability.

Why It Matters: WinZO co-founder Saumya Rathore gets bail on gender grounds; Paavan Nanda denied, ED probe intensifies.