Overview
- Searches are underway across 11 premises spanning Bengaluru, Delhi and Gurugram, according to the Enforcement Directorate.
- The operation covers corporate offices of both gaming firms as well as the residences of their CEOs, COOs and CFOs.
- The Bengaluru Zonal Office is leading the investigation, which stems from FIRs alleging manipulated app algorithms that disadvantaged gamers.
- Officials reported finding crypto wallets linked to promoters, citing this as a basis for examining possible laundering through cryptocurrencies.
- Investigators are reviewing fund flows and any diversion of player deposits as the financial probe continues.