Gameskraft in Turmoil: ED Freezes Assets in Money Laundering Probe
The Enforcement Directorate has frozen assets and seized valuables linked to the online gaming platform Gameskraft. Investigations revealed connections to money laundering, leading to the arrest of three founders. The operation was part of a broader effort to address gaming-related financial fraud.
The Enforcement Directorate has taken decisive action in a money laundering case against the online gaming platform Gameskraft. The agency has frozen assets totaling Rs 526.49 crore, including bank deposits, and seized gold and cash worth Rs 3.5 crore and Rs 11 lakh, respectively.
The crackdown followed a series of searches initiated on May 7 across Delhi-NCR and Bengaluru, concluding on May 13. As a result, central agency officials have apprehended three of the company's founders: Deepak Singh, Prithvi Raj Singh, and Vikas Taneja.
This legal action stems from multiple police FIRs alleging fraud and cheating linked to Gameskraft and its portfolio of real-money games like 'RummyCulture'. Notably, online money gaming was banned by the government in August 2025, intensifying scrutiny on the sector.
(With inputs from agencies.)
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