ED summons Google, Meta on July 21 in betting app case

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The Enforcement Directorate (ED) has issued notices to tech giants Google and Meta in connection with its ongoing investigation into alleged money laundering linked to betting applications, official sources said.

As part of the probe, the ED has summoned representatives from both companies to appear before its Delhi headquarters on July 21.

According to sources, “Google and Meta platforms are promoting betting apps through advertisements and facilitating their reach to users.”

The agency is examining the role of digital platforms in enabling the…



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ED summons Google, Meta on July 21 in betting app case



The Enforcement Directorate (ED) has issued notices to tech giants Google and Meta in connection with its ongoing investigation into alleged money laundering linked to betting applications, official sources said.

As part of the probe, the ED has summoned representatives from both companies to appear before its Delhi headquarters on July 21.

According to sources, “Google and Meta platforms are promoting betting apps through advertisements and facilitating their reach to users.”

The agency is examining the role of digital platforms in enabling the…



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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