Fri Sep 26 19:26:21 UTC 2025: Here’s a summary of the text followed by a rewritten version as a news article:

**Summary:**

The Enforcement Directorate (ED) in India has filed a chargesheet against businessman Raj Kundra in connection to a bitcoin scam. The ED alleges that Kundra is the beneficial owner of 285 Bitcoins (valued at over ₹150 crore) received from the late Amit Bhardwaj, the mastermind behind a crypto Ponzi scheme. Kundra is accused of concealing evidence, including Bitcoin wallet addresses, and failing to surrender the Bitcoins. The ED also claims he transferred assets to his wife, actress Shilpa Shetty, at below-market rates to disguise the origin of the funds. The ED argues that Kundra’s claim of being a mere mediator is not credible and that he deliberately destroyed evidence to obstruct the investigation.

**News Article:**

**Enforcement Directorate Files Chargesheet Against Raj Kundra in Bitcoin Scam, Alleges ₹150 Crore Concealment**

*Mumbai, September 27, 2025* – The Enforcement Directorate (ED) has filed a chargesheet against businessman Raj Kundra in connection to a multi-crore Bitcoin scam, alleging that he is the beneficial owner of 285 Bitcoins, currently valued at over ₹150 crore. The chargesheet, filed before a special Prevention of Money Laundering Act (PMLA) court, accuses Kundra of concealing crucial evidence, including Bitcoin wallet addresses, and failing to surrender the Bitcoins received from the late Amit Bhardwaj, identified as the mastermind behind the fraudulent crypto scheme “Gain Bitcoin.”

According to the ED’s investigation, Kundra received the Bitcoins from Bhardwaj for a proposed Bitcoin mining farm in Ukraine, which ultimately did not materialize. Despite claiming to be a mere mediator in the transaction, the ED alleges that evidence points to Kundra being the beneficial owner. The ED cited inconsistencies in Kundra’s statements and his inability to provide wallet addresses despite remembering specific details of the Bitcoin transfers.

The chargesheet further alleges that Kundra attempted to disguise the origin of the funds by transferring assets to his wife, actress Shilpa Shetty, at significantly below-market rates. The ED views this as a deliberate attempt to layer the proceeds of crime and project them as legitimate assets.

The case stems from FIRs filed by Maharashtra and Delhi police against Variable Tech Private Limited and its promoters, including Amit Bhardwaj. The ED claims that the promoters of “Gain Bitcoin” promised investors huge returns in crypto assets but ultimately cheated them and concealed the ill-gotten Bitcoins in obscure online wallets.

The ED also accused Kundra of deliberately destroying evidence by citing damage to his iPhone X soon after his initial statement to the agency. In addition to Kundra, businessman Rajesh Satija is also named in the chargesheet. The investigation is ongoing.

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