Illegal betting app: ED freezes ₹110 crore worth bank funds; seizes 1,200 credit cards
Parimatch app, as per the federal probe agency, gained visibility in the country through "aggressive" marketing, including sponsorship of sports tournaments and partnerships with well-known celebrities. It is alleged to have cheated investors luring them with high returns and generating more than ₹3,000 crore in a year.

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