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Latest World News Update > Blog > National > ED, Cyber Crime conduct searches in 20 locations in Magicwin case – World News Network
National

ED, Cyber Crime conduct searches in 20 locations in Magicwin case – World News Network

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Last updated: August 20, 2024 12:00 am
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New Delhi [India], August 20 (ANI): The Directorate of Enforcement (ED), Ahmedabad Zonal Office, conducted search operations in collaboration with the Cyber Crime Police Station, Ahmedabad, at 20 locations across Delhi-NCR, Bengaluru, Lucknow, and Coimbatore in connection with the case against Magicwin and others under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.
During the search operations, incriminating records, digital devices, and cash amounting to Rs 30 lakh were seized. Additionally, approximately Rs 2 crore was frozen, and certain crypto wallets were identified containing a balance of about Rs 12 crore. Crypto exchanges have been instructed not to liquidate the cryptocurrencies in these wallets.
According to the ED, the investigation was initiated based on information and an FIR registered at the Cyber Crime Police Station, Ahmedabad. It was alleged that the website www.magicwin.games had unauthorisedly hosted, streamed, and broadcast ICC Men’s T20 World Cup 2024 cricket matches, for which broadcasting rights had been granted to Star India Pvt. Ltd. by the International Cricket Council (ICC).
Magicwin is a website compatible with any internet browser (mobile, smart TV, computer, etc.) through which the company’s paid content was broadcasted and made available for free viewing.
Further, according to the ED, it was gathered from the complainant that Magicwin had illegally broadcast ICC Men’s T20 World Cup 2024 cricket matches, including Canada vs. Ireland on June 7, 2024, and India vs. Pakistan on June 9, 2024, via the link https://ss47.live/. This content was streamed from OTT platform Disney+ Hotstar, causing significant financial losses to the company authorised to broadcast the matches.
The ED’s investigation revealed that the Magicwin website was involved in illegal activities such as betting on live cricket matches and other games. The unauthorised broadcast of ICC Men’s T20 World Cup 2024 live matches was done without any subscription fee, enticing unsuspecting individuals to place bets on their website. (ANI)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

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