How is ED involved in this?
all my property was confiscated
Kundra further said that he was called as a witness six years ago and he had provided all the facts. He expressed surprise at the ED seizing his assets in connection with the Bitcoin case. Kundra said, “I was called as a witness six years ago and was asked whether you had any dealings with Amit Bhardwaj. I went there 6 times, I gave all the facts as a witness… Then in 2024 all my property was confiscated without any information, I did not understand this. He called me again and asked the same thing he had asked 6 years ago, what can we do now? We will fight it in court and we will win it”.
Bitcoin worth Rs 150 crore possessed by Kundra
In April this year, ED had attached assets worth Rs 97.79 crore of Raj Kundra, Shilpa Shetty alleging that they had collected huge amounts of money in the form of Bitcoins. Additionally, they falsely promised 10 percent returns to the public in the form of Bitcoin. ED revealed that Raj Kundra had received 285 Bitcoins from Gain Bitcoin Ponzi scam mastermind Amit Bhardwaj. Kundra still has these 285 bitcoins, whose current value is Rs 150 crore.
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