Mumbai Court Grants Bail to Raj Kundra in Rs 150 Crore Crypto Ponzi Scheme Case

Mumbai. A special court in Mumbai has ordered the release on bail of businessman Raj Kundra, husband of Bollywood actress Shilpa Shetty, in a money laundering case linked to a crypto ponzi scam worth approximately 150 crore Indian Rupees. This decision brings significant relief to Kundra, whose investigation was based on the chargesheet filed by the Enforcement Directorate (ED).The court approved his judicial bail, stating that he had cooperated with the investigation and there was no concrete reason to keep him in custody immediately. According to the Enforcement Directorate, Kundra possesses 285 Bitcoins, valued at about 150 crore INR at...