Raj Kundra and Rajesh Satija Face Court Over Bitcoin Caper

So, Mumbai's special PMLA court just dropped the hammer on Raj Kundra and Rajesh Satija for their Rs6,606 crore bitcoin escapade. Our man Raj snagged 285 Bitcoins worth a jaw-dropping Rs150.47 crore, but oops! He forgot to disclose where he hid them. Now he's playing a high-stakes game of financial hide and seek. Welcome to the circus, folks!

Quick rundown

1.ED flags Raj Kundra and Rajesh Satija in a prima facie money-laundering inquiry.

2.285 Bitcoins, valued around Rs 150 crore, allegedly treated as proceeds of crime.

3.Court notes sufficient material to proceed under PMLA with cognizance.

4.Allegations of layering to disguise funds and withholding wallet addresses.

5.Mumbai-Delhi money trail shows crypto isn’t leaving the courtroom anytime soon.

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