WinZO Co-Founders Arrested: ED Gets 10-Day Custody in Massive Money Laundering Probe

A Bengaluru special court has granted the Enforcement Directorate 10-day custody of WinZO co-founders in a money laundering case involving alleged cheating, fund diversion and gaming manipulation. The ED claims the platform generated illegal “proceeds of crime” through deceptive real-money gaming practices.

Online Gaming Ban Fallout? Paytm Drags WinZO to NCLT Over Rs 3.6 Crore Unpaid Advertising Dues

Paytm has filed an insolvency plea against online gaming platform WinZO before the NCLT, alleging non-payment of Rs 3.6 crore for ad services. WinZO claims the invoices were “not validated,” while Paytm calls it a “sham defence.”