NEW DELHI: The Enforcement Directorate on Monday performed searches at 20 premises throughout Delhi-NCR, Bengaluru, Lucknow and Coimbatore in a money-laundering case towards web site Magicwin that was allegedly concerned in cricket betting in the course of the just lately held T20 World Cup.
The case was first registered by the Ahmedabad police which had alleged that Magicwin had illegally “streamed ICC Males’s T20 World Cup 2024 cricket matches for which rights had been given to Star India Pvt Ltd by the Worldwide Cricket Council (ICC)”.
The accused web site allowed viewers to observe matches free of charge. “On account of search operations, incriminating information/digital gadgets and money of 30 lakh have been seized. Additional, 2 crore has additionally been frozen, along with crypto wallets having 12 crore steadiness,” the ED mentioned.
A multi-agency investigation, together with Ahmedabad Police and ED, has been launched towards unlawful cricket betting in the course of the world cup matches.
“Investigation revealed that the Magicwin web site indulged in unlawful actions like betting on stay cricket matches and different video games. The printed of stay cricket matches of ICC Males’s T20 World Cup 2024 was with none subscription price and was executed with a purpose to tempt the gullible individuals to guess on their web site,” the company mentioned.
The case was first registered by the Ahmedabad police which had alleged that Magicwin had illegally “streamed ICC Males’s T20 World Cup 2024 cricket matches for which rights had been given to Star India Pvt Ltd by the Worldwide Cricket Council (ICC)”.
The accused web site allowed viewers to observe matches free of charge. “On account of search operations, incriminating information/digital gadgets and money of 30 lakh have been seized. Additional, 2 crore has additionally been frozen, along with crypto wallets having 12 crore steadiness,” the ED mentioned.
A multi-agency investigation, together with Ahmedabad Police and ED, has been launched towards unlawful cricket betting in the course of the world cup matches.
“Investigation revealed that the Magicwin web site indulged in unlawful actions like betting on stay cricket matches and different video games. The printed of stay cricket matches of ICC Males’s T20 World Cup 2024 was with none subscription price and was executed with a purpose to tempt the gullible individuals to guess on their web site,” the company mentioned.
