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Raj Kundra Enigmatic Reaction: Cryptic Post Follows ED’s Seizure of Properties Worth Nearly ₹98 Crore in Bitcoin Investment Fraud Case

Raj Kundra Reacts: Cryptic Post Emerges After ED Seizes Properties Valued at Nearly ₹98 Crore in Bitcoin Investment Fraud Case

Amidst allegations of his involvement in a money laundering case, Raj Kundra, the husband of Bollywood actress Shilpa Shetty, has made headlines once again. On Thursday, the Directorate of Enforcement (ED) took a significant step by attaching properties valued at ₹97.79 crore belonging to Kundra under the Prevention of Money Laundering Act, 2002. These properties included flats in Mumbai and Pune owned by both Shilpa Shetty and Raj Kundra.

In response to these developments, Kundra took to Instagram Stories on Thursday night, sharing a cryptic post featuring a picture of a roaring lion with the text: ‘Learning to stay calm when you feel disrespected is a different type of growth.’

Meanwhile, Shilpa Shetty, who is yet to publicly comment on the recent developments in the money laundering case, was seen on Thursday evening accompanied by her mother as they visited her friend, actor Salman Khan, at his Mumbai home following the recent firing incident outside his residence.

In response to the attachment of his properties by the ED, Raj Kundra’s team issued a statement through Prashant Patil, the counsel representing both Shilpa and him. According to ANI, Prashant reiterated the couple’s commitment to adhering to the due process of law.

He stated, “We shall follow the due process of law and take necessary steps as prescribed under the provisions of Prevention of Money Laundering Act to protect the liberty and property of my clients… On the face of it, there is no prima facie case made out against my clients Mr. Raj Kundra and Mrs. Shilpa Shetty Kundra.” He further expressed their confidence in the judiciary, believing that a fair representation before the Enforcement Directorate would result in justice for them.

The ED’s investigation into Raj Kundra’s alleged involvement stems from multiple FIRs filed by the Maharashtra Police and Delhi Police against various individuals and entities involved in a Bitcoin Ponzi scam. This scam purportedly collected significant funds from the public under false promises of high returns, concealing ill-gotten gains in obscure online wallets. The ED claims that Raj Kundra received 285 Bitcoins from the mastermind of the scam, Amit Bhardwaj, for setting up a Bitcoin mining farm in Ukraine. These Bitcoins were allegedly sourced from proceeds of crime collected from investors. Despite the deal not materializing, Kundra is said to still be in possession of these Bitcoins, valued at over ₹150 crore.

Several arrests have been made in connection with the scam, with individuals currently in judicial custody while the main accused remain absconding. The ED had previously attached properties worth ₹69 crore in this case, and further investigation is ongoing.

As the investigation unfolds, Raj Kundra’s alleged involvement in the Bitcoin Ponzi scam has drawn widespread attention. The ED’s move to attach properties worth nearly ₹98 crore has intensified scrutiny on the case, raising questions about the extent of Kundra’s involvement and the implications for his reputation and legal standing.

The situation has also put a spotlight on Shilpa Shetty, Raj Kundra’s wife, who has remained relatively silent amidst the controversy. While she has yet to make a public statement regarding the recent developments, her visit to Salman Khan’s home following the firing incident outside his residence has raised eyebrows and fueled speculation about her stance on the matter.

Meanwhile, Raj Kundra’s legal team has issued a staunch defense, expressing confidence in the judicial process and emphasizing their commitment to cooperating with authorities. They have asserted that there is no prima facie case against Kundra and Shetty, signaling their readiness to challenge the allegations and protect their interests through legal channels.


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