THE Enforcement Directorate (ED) has named Raj Kundra as an accused in its chargesheet in the Bitcoin Ponzi scheme case, alleging that the businessman had claimed to have merely acted as a mediator for transfer of 285 bitcoins, valued at Rs 150 crore, on behalf of an Israeli friend but has not provided any proof. ED also claimed that Kundra and his actor-wife Shilpa Shetty entered into a “sale transaction” of five flats in Juhu without “any change in ownership” and money was sent by Shilpa to Kundra in a joint account in a bid to shield the property from being attached.

ED claimed a “sale transaction” was shown between Shilpa and Kundra towards purchase of the flats, at a rate “far below market rate” without any material change in the ownership, knowing that the property was liable for at

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