Karnataka HC orders ED to produce WinZO raid CCTV footage

• Karnataka HC issued notice to ED on WinZO's plea, directing the agency to produce CCTV footage of search operations by December 15.
• WinZO challenged ED's multi-day raids as illegal, citing lack of "reasons to believe" and alleging coercive questioning during searches.
• WinZO's operations are shut down, its founders arrested, and assets worth ₹505 crore frozen by the ED.
• ED alleges WinZO misled users, used an algorithm for illicit gains, and held gamer funds post-ban; WinZO denies these claims.
• The case is a pivotal test for ED's search powers under PMLA and will set a precedent for the online gaming sector.

Why It Matters: Karnataka HC's WinZO case tests ED's PMLA search powers, impacting India's gaming sector.