WinZO Founders Arrested in ED Probe, Gaming Industry on Alert
WinZO Founders Arrested in ED Probe, Gaming Industry on Alert
1 month ago
linkedin.com
The ED has arrested WinZO founders over allegations of misappropriating ₹43 crore of gamers' funds. This is a massive development for a company often called the "Netflix of Gaming." Built by ex-Zostel/Zo Room founders, WinZO was celebrated for surviving funding winters and scaling to profitability, even attracting ambassadors like Carry Minati and Bhuvan Bam. ​Now, the industry is watching. If these allegations prove true, it could severely undermine public faith in the real-money gaming ecosyst
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