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Raj Kundra Gets Relief in Bitcoin Scam Case, Granted Bail by PMLA Court in Mumbai
Raj Kundra was granted bail after appearing in a Mumbai court in a case involving 285 bitcoins worth over Rs 150 crore, linked to alleged money laundering.
- On February 20, 2026, a special court in Mumbai granted bail to businessman Raj Kundra under Section 91 of the Bharatiya Nagarik Suraksha Sanhita and Section 88 of the Code of Criminal Procedure.
- Last month the special court in Mumbai issued a PMLA notice to Raj Kundra noting a prima facie case after an ED supplementary chargesheet in September 2025 and a January summons.
- Prashant Patil, Kundra's lawyer, told the court he was not arrested during the probe and that he has cooperated with the ED, visiting its office six times since 2021, with all documents held by the ED.
- The court granted bail after considering the ED's grounds, but details of bail conditions are pending and Kundra denies the allegations.
- The ED alleges Kundra received 285 bitcoins valued at more than Rs 150 crore and engaged in below-market sale transactions of 5 flats in Juhu, with Rs 38 crore paid and Rs 24.9 crore transferred into a joint account.
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Raj Kundra appears before court in Bitcoin money laundering case; granted bail
Businessman Raj Kundra was granted bail by a special court in Mumbai in a money laundering case linked to an alleged Bitcoin scam. The Enforcement Directorate alleged Kundra received 285 Bitcoins from the scam's mastermind, which he claimed were for a failed mining farm deal. The court found prima-facie involvement based on evidence.
·India
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Shilpa Shetty's husband and businessman Raj Kundra has been granted bail in the alleged ₹150 crore Bitcoin scam case. This relief was granted by a special PMLA court in Mumbai.
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Total News Sources16
Leaning Left2Leaning Right4Center2Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 25%
C 25%
R 50%
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