The Indian government is intensifying its efforts to regulate the online gaming sector by bringing companies under the Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) framework. This move comes amid a broader crackdown on cyber fraud, which has seen the deactivation of 600,000 phones and the blocking of 800 apps. A significant development in this crackdown includes the Directorate of Enforcement (ED) seizing crypto wallets and freezing accounts linked to a ₹400 crore fraud involving the illegal betting application Fiewin, allegedly operated by Chinese nationals. The ED's probe in Kolkata revealed the extent of the fraud, leading to the attachment of assets, including cryptocurrency in Binance. Cyber crime expert Sanjay Sahay commented on the crackdown.