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Rs 524 Crore Frozen! ED Busts Online Gaming Giants WinZO, Pocket52 For Massive Fraud & Operating Post-Ban!

Economy

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Published on 24th November 2025, 6:11 PM

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Author

Aditi Singh | Whalesbook News Team

Overview

India's Enforcement Directorate (ED) has frozen over Rs 524 crore in bank balances and other assets belonging to online gaming companies WinZO Games and Pocket52 (Nirdesa Networks). The action follows investigations into allegations of cheating, manipulated game outcomes, fund diversion, and operating real-money games even after a nationwide ban. WinZO Games had approximately Rs 505 crore frozen, while Pocket52 faces scrutiny for holding user funds and alleged manipulation.