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EaseMyTrip Founder Nishant Pitti Under ED Radar

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SUMMARY

Pitti has reportedly been accused of cahoots with a network of operators who allegedly used proceeds from the illegal betting operation to manipulate stock prices of 25 listed companies

The ED, in its submission to the adjudicating authority (AA), has put forward four allegations against Pitti, including his knowledge about the operations of the betting website Sky Exchange, recovery of INR 7 Lakh from Pitti’s residence

EaseMyTrip did not immediately respond to Inc42’s request for comments

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