Indian Authorities Connect Businessman to 285 Bitcoins from Scam Earnings
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 27 2025Charges Against Raj Kundra: The Enforcement Directorate has filed a charge sheet against businessman Raj Kundra, accusing him of possessing 285 Bitcoins, valued at approximately $18 million, as proceeds of crime linked to a crypto scam orchestrated by Amit Bhardwaj.
Allegations of Evidence Tampering: Authorities claim Kundra concealed evidence and failed to surrender the Bitcoins, while also conducting transactions with his wife, Shilpa Shetty, to obscure the origins of the funds, which were allegedly obtained through fraudulent activities.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
