India, Jan. 7 -- Raj Kundra Tangled In GainBitcoin Mess

The alleged INR 90,000 Cr GainBitcoin scam is back in the news. Raj Kundra, businessman and husband of actor Shilpa Shetty, has been summoned by a special PMLA court on January 19 in connection with the case. But why is he under the radar of authorities?

Beyond A Mediator: The summon follows ED filing a chargesheet last year, alleging that Kundra's role in the scam went beyond that of a mediator. The agency claims that he earlier received 285 Bitcoins from the scam's deceased mastermind, Amit Bhardwaj, to set up a Bitcoin mining farm in Ukraine. While the deal did not materialise, ED alleges that Kundra is still in possession of Bitcoins valued at over INR 150 Cr.

The agency also ...