Particle.news
Download on the App Store
13 ARTICLES
·
4h ago

ED Chargesheets Raj Kundra in GainBitcoin Case, Alleges He Kept 285 Bitcoins

The filing moves the PMLA probe into court, alleging concealed wallet data, below‑market transfers with Shilpa Shetty, and continued control of cryptocurrency tied to a failed Ukraine mining deal.

Actor Shilpa Shetty Kundra with husband, businessman Raj Kundra
Image
Image
Image

Overview

  • Investigators filed the chargesheet before a special PMLA court, naming Kundra as an accused and also listing Delhi-based businessman Rajesh Satija.
  • ED claims Kundra received 285 Bitcoins from the late Amit Bhardwaj for a proposed Ukraine mining farm, rejects his ‘mediator’ claim, and cites a term sheet with Mahendra Bhardwaj and detailed tranche recalls as evidence of beneficial ownership.
  • Since 2018, Kundra has not provided wallet addresses for the 285 Bitcoins, with ED calling his iPhone damage explanation a deliberate destruction of evidence.
  • The agency alleges a ‘sale transaction’ for five Juhu flats at far below market rate with funds moved to a joint account, notes Shetty’s statement of helping to save property from attachment, and points to assets provisionally attached in 2024 worth ₹97.78 crore.
  • The case stems from FIRs tied to the GainBitcoin Ponzi; court proceedings are underway, and Shetty’s lawyer has denied separate media claims of a ₹15 crore transfer and signaled legal action.