ED officials have claimed that evidence was found indicating that promoters of the companies owned cryptocurrency wallets, which the agency alleges could point to potential laundering of proceeds of crime.
Gaming News
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Storyboard20-01-2026, 16:39

Gameskraft Challenges ED Money Laundering Case in Karnataka High Court

  • Online gaming firm Gameskraft and its parent Nirdesa Networks filed a writ petition in Karnataka High Court to quash an ED money laundering case.
  • The petition seeks to set aside ECIR/BGZO/29/2025 dated November 11, 2025, and all related proceedings, requesting an interim stay.
  • ED's investigation follows searches at Gameskraft and Nirdesa offices/residences, probing alleged cheating, money laundering, and cryptocurrency use.
  • Searches are linked to Pocket52, an online poker platform owned by Gameskraft, which ceased operations due to regulatory pressure and GST.
  • ED alleges promoters owned crypto wallets, indicating potential laundering; also probing multiple FIRs against gaming platforms for rigged outcomes.

Why It Matters: Gameskraft is fighting an ED money laundering probe in Karnataka HC, alleging unfair investigation tactics.

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