The Karnataka High Court warned the Enforcement Directorate (ED) of Rs 1 lakh costs if its appeal against real money gaming company WinZo's cofounder's bail is deemed unnecessary. The ED must prove bail condition violations or fact suppression. The case involves allegations of money laundering, with the ED claiming WinZo used AI bots and restricted withdrawals to generate illegal proceeds.
Winzo Case: HC warns ED of costs if challenge to Nanda’s bail is 'unnecessary’
