The Mahadev scam, revealing extensive illegal online betting networks, is far from resolved despite some progress. The Enforcement Directorate (ED) is now investigating over two dozen offshore gaming apps involved in massive financial crimes, with losses potentially exceeding Rs 1 lakh crore. These apps often use cryptocurrencies and fake transactions to launder money, making them difficult to trace. Despite efforts, new apps quickly replace those shut down, complicating enforcement. To tackle this issue, experts call for stricter regulations and better coordination among agencies.
