HC Gameskraft
HC says arrest of Gameskraft founders by ED illegal, orders their release
This story was originally published at 18:45 IST on 16 June 2026
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NEW DELHI – The Karnataka High Court Tuesday said the arrest of Gameskraft Technologies Pvt. Ltd.'s founders, Deepak Singh, Vikas Taneja, and Prithviraj Singh, by the Enforcement Directorate in a money-laundering case, was illegal and contrary to law, and ordered the police to release them from jail.
In May, the Enforcement Directorate had arrested the founders on allegations of luring users into real-money games and laundering about INR 2.50 billion. Gameskraft and its arms had lured people to its real-money platforms through bonuses, referral incentives, instant cash offers and tournament-related benefits, the agency alleged. The company manipulated gameplay, cheated users through deceptive practices and laundered proceeds of crime through bogus business expenditure entries and cash transactions, the probe agency had alleged.
The agency said that initially, new users were allowed to win small amounts in low-stakes games to build confidence and induce larger deposits, thereby creating a false impression that earning money on the platform was easy. The users had complained of one-sided games, suspected use of algorithms and bots, duplication of cards, recurring score patterns favouring certain players, collusion among players, forced logouts and blocking of user identification resulting in heavy financial losses, the agency had alleged.
The founders of Gameskraft had diverted and laundered INR 2.50 billion under the guise of investments in futures and options in mutual funds, ED had claimed. The founders were arrested in May and remanded to the Enforcement Directorate by a Bengaluru court. End
Reported by Surya Tripathi
Edited by Saji George Titus
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