Archive · 6 Jan 2026
Court Summons Raj Kundra in Bitcoin Scam Case
A court has asked two businessmen, Raj Kundra and Rajesh Satija, to come to court on January 19, 2026.
They are involved in a case about a Bitcoin scam.
The court says Raj Kundra got 285 Bitcoins from someone named Amit Bhardwaj, who is the main person in this scam.
These Bitcoins are now worth more than Rs 150 crore.
Raj Kundra says he was just helping with the deal, but the court doesn't believe him.
They think he was actually part of the deal.
The court wants to talk to them to find out more.
The ED also claims that Kundra and his wife, actor Shilpa Shetty, tried to hide their property from being attached.
A special PMLA court issued summons to Raj Kundra and Rajesh Satija in a Bitcoin Ponzi scheme case.
Raj Kundra is accused of receiving 285 Bitcoins from Amit Bhardwaj for setting up a Bitcoin mining farm in Ukraine.
The deal did not materialize, and Kundra is still in possession of the Bitcoins, now valued at over Rs 150 crore.
Kundra claimed to be a mediator but could not provide documentary evidence to support this claim.
The court concluded that Kundra was actually part of the agreement with Amit Bhardwaj.
- Who
- Raj Kundra and Rajesh Ram Satija
- What
- Summons issued in a Bitcoin Ponzi scheme case
- When
- January 19, 2026 (court appearance)
- Where
- Special PMLA Court
- Why
- Alleged involvement in a Bitcoin Ponzi scheme and possession of 285 Bitcoins
Raj Kundra's Defense
Enforcement Directorate's Allegations
Role in the Scam
Raj Kundra's Defense
Kundra claims he was merely a mediator for the transfer of 285 bitcoins on behalf of an Israeli friend.
Enforcement Directorate's Allegations
The ED alleges that Kundra was part of the agreement and did not provide proof of his mediator role.
Possession of Bitcoins
Raj Kundra's Defense
Kundra stated that the iPhone X he used in 2018 was damaged, making it difficult to trace the bitcoins.
Enforcement Directorate's Allegations
The ED claims Kundra did not divulge the wallet addresses to trace the bitcoins, which were proceeds of crime.
Property Transactions
Raj Kundra's Defense
Kundra and Shilpa Shetty entered into a sale transaction of five flats in Juhu without any change in ownership.
Enforcement Directorate's Allegations
The ED alleges that the transaction was a bid to shield the property from being attached.
- Accused Individuals
- Raj Kundra, Rajesh Ram Satija
- Court Appearance Date
- January 19, 2026
- Bitcoins Involved
- 285 Bitcoins
- Current Value of Bitcoins
- More than Rs 150 crore
- Alleged Scam
- Gain Bitcoin Ponzi scheme
- Mastermind of Scam
- Amit Bhardwaj
- Agency Filing Chargesheet
- Enforcement Directorate (ED)
- Court Type
- Special PMLA Court
- Provisionally Attached Assets
- Rs 97.78 crore, including five residential flats and a bungalow
Sources
Bitcoin scam: PMLA court summons bizman Raj Kundra
Bitcoin scam: PMLA court summons bizman Raj Kundra
Court issues summons to businessman Raj Kundra in Bitcoin ponzi scheme case
Court Issues Summons To Shilpa Shetty's Husband Raj Kundra in Bitcoin Scam
