ED Raids Gameskraft, WinZO Offices Over Complaints Of Algorithm Rigging

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SUMMARY

ED carried out searches at the offices of Gameskraft and WinZO across Bengaluru, Delhi and Gurugram today

The action followed FIRs from users who claimed that the gaming platforms manipulated their algorithms to put players at a disadvantage

The investigators also found crypto wallets allegedly linked to promoters, raising suspicion of possible laundering through cryptocurrencies

The Enforcement Directorate (ED) carried out searches at the offices of GamesKraft and…



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ED Raids Gameskraft, WinZO Offices Over Complaints Of Algorithm Rigging


SUMMARY

ED carried out searches at the offices of Gameskraft and WinZO across Bengaluru, Delhi and Gurugram today

The action followed FIRs from users who claimed that the gaming platforms manipulated their algorithms to put players at a disadvantage

The investigators also found crypto wallets allegedly linked to promoters, raising suspicion of possible laundering through cryptocurrencies

The Enforcement Directorate (ED) carried out searches at the offices of GamesKraft and…



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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