ED Summons Google, Meta In Betting App Case

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SUMMARY

The Enforcement Directorate (ED) issued notices to tech giants for their involvement in promoting illegal online betting platforms

The regulatory body has summoned both the companies to appear before its Delhi headquarters on July 21

This comes days after ED filed an ECIR against Rana Daggubati, Prakash Raj, Vijay Deverakonda and 26 others for allegedly promoting illegal betting apps

As part of its ongoing investigation into alleged money laundering linked to betting…



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ED Summons Google, Meta In Betting App Case


SUMMARY

The Enforcement Directorate (ED) issued notices to tech giants for their involvement in promoting illegal online betting platforms

The regulatory body has summoned both the companies to appear before its Delhi headquarters on July 21

This comes days after ED filed an ECIR against Rana Daggubati, Prakash Raj, Vijay Deverakonda and 26 others for allegedly promoting illegal betting apps

As part of its ongoing investigation into alleged money laundering linked to betting…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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