The Electronic Crimes Division (ED) has initiated charges against Raj Kundra, alleging deliberate concealment of evidence related to a Bitcoin transaction. The ED claims Kundra misrepresented the provenance of 285 Bitcoins, valued at approximately ₹150 crore, and failed to properly surrender the recovered funds. The charges center on potential obstruction of justice and misrepresentation of financial transactions. The ED is investigating the circumstances surrounding the Bitcoin transactions and the alleged cover-up. Further details are pending.
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