ED arrests WinZO founders on money laundering charge
Enforcement Directorate has arrested online money gaming platform WinZO founders Saumya Singh Rathore and Paavan Nanda on the charges of money laundering. ED alleged that WinZo held ₹43 crore of gamers' money, which should have been refunded after India banned real-money gaming. ED further alleged that customers were unknowingly made to play with algorithms instead of humans in real-money games.