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ED Freezes 110 Mule Accounts, Seizes Rs 70 Lakh in Drug-Proceeds Probe

Investigators are tracing beneficiaries after uncovering betting-app flows alongside Dubai crypto links tied to a 2024 cocaine case.

Overview

  • Searches were carried out on November 14 under the PMLA at five locations across DelhiNCR and Jaipur.
  • Of the 110 frozen mule accounts, 73 were linked to UPI IDs and digital wallets that handled betting‑related transactions.
  • Documents and digital devices recovered indicate fund movements through cryptocurrency wallets operated from Dubai.
  • Besides cash, the ED seized incriminating papers, financial records and electronic devices for forensic analysis.
  • The action follows an NCB case stemming from an 82.53 kg cocaine seizure in November 2024, with the ED sharing flagged accounts and wallets with other agencies as it hunts for additional assets and ultimate beneficiaries.