<h1>Online betting portal running illicit betting exchange using mule, hawala and crypto; faces PMLA prosecution after unauthorised ICC stream FIR</h1> A federal probe agency filed a prosecution complaint under the Prevention of Money Laundering Act before a special PMLA court in Ahmedabad, naming 14 individuals and entities and thereby initiating formal money-laundering prosecution against the online betting portal. The complaint alleges the UK-registered operator functioned as an illicit betting exchange despite a 2025 prohibition on real-money online betting; this alleged conduct, together with use of mule accounts, hawala and cryptocurrencies to route funds, is presented as the predicate offence basis for the PMLA case. Separately, alleged unauthorised hosting and live streaming of ICC match broadcasts is cited as the originating cybercrime FIR that triggered the money-laundering investigation.