ED seizes funds worth Rs 90 crore kept in Binance, ZebPay, WazirX wallets

The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app “scam”.

“These crypto assets were subsequently taken into possession and transferred into the crypto wallet of the ED,” the federal agency said in a statement.

The investigation pertains to an online gaming scam app “scam” called ‘E-Nugget’ that masqueraded as a gaming platform and “promised” users high returns on their investments.