ED Freezes Fresh Rs 192 Cr of WinZO in Money Laundering Probe

• Enforcement Directorate froze Rs 192 crore in bank deposits, mutual funds, and FDs of WinZO's Indian subsidiary, ZO Games Pvt. Ltd.
• The freeze follows a search at WinZO's accounting firm on December 30 as part of a money laundering investigation.
• ED alleges WinZO used bots/AI against real players, prevented withdrawals, and generated "Rake Commission" from illicit activities.
• Total "proceeds of crime" are estimated at Rs 802 crore, with funds allegedly moved to the US and Singapore.
• WinZO founders Saumya Singh Rathore and Paavan Nanda were arrested earlier; Rathore is out on bail, Nanda denied relief.

Why It Matters: ED freezes additional Rs 192 crore of WinZO, alleging widespread money laundering and deceptive practices.