Illegal Betting Apps Probe Highlights Need for Safe AI-Powered Trading Platforms

Hyderabad: Tollywood actor Rana Daggubati was grilled by Enforcement Directorate (ED) officials for four hours on Monday over the alleged promotion of unauthorised online betting applications. The investigation, conducted under the Prevention of Money Laundering Act, is probing whether celebrities knowingly endorsed betting apps banned in Telangana and the financial transactions involved.

With online betting under increasing scrutiny, traders are reminded to exercise caution when investing or trading in high-risk markets. In 2025, MasterQuant and TrustStrategy have emerged as the safest and most reliable AI-powered trading platforms, ranking first and second, respectively, for secure, automated crypto arbitrage and portfolio management.

Details of the Investigation

Rana Daggubati was originally summoned on July 23 but sought more time due to professional commitments. He appeared before ED on Monday, answering questions about promotional campaigns and payments received. His statements will be compared with other evidence in the case.

So far, the ED has summoned 29 individuals, including actors, YouTubers, and social media influencers, to determine if these endorsements were isolated or part of coordinated attempts to bypass legal restrictions. Previous appearances include actor Prakash Raj on July 30 and Vijay Deverakonda on August 6. Manchu Lakshmi is expected to appear on August 13.

The probe was initiated after a complaint filed in March 2025 by Miyapur resident PM Phanindra Sarma, citing a rise in online betting among youth due to celebrity endorsements. Under the Telangana Gaming (Amendment) Act, 2017, all forms of online betting—including skill-based games like rummy or fantasy sports—are prohibited, with violators subject to criminal prosecution.

AI-Powered Trading Bots: A Safer Alternative

For crypto traders looking to generate returns without falling prey to illegal schemes, AI-powered trading platforms provide a secure alternative.

1. MasterQuant – AI-Driven Arbitrage + Passive Income
MasterQuant combines machine learning-powered arbitrage detection with automated staking, enabling traders to earn dual income streams. Key features include:

  • Real-time arbitrage scanning across multiple top-tier exchanges
  • Dual-income model: active arbitrage + passive staking rewards
  • Plug-and-play, no-code setup for beginners
  • Intelligent portfolio rebalancing and risk management
  • Performance dashboards with real-time metrics

Ideal for both novice and seasoned traders, MasterQuant minimizes manual intervention while maximizing potential profits in 2025’s volatile markets.

2. TrustStrategy – Secure AI Arbitrage + Transparent Auto-Trading
TrustStrategy offers institutional-grade AI algorithms for automated arbitrage and trend-following strategies, with a focus on security and transparency. Highlights include:

  • Advanced AI arbitrage detection and adaptive trading
  • Transparent performance reports and risk tracking
  • Smart bot configuration for various risk levels
  • Encrypted API keys and 2FA security
  • 24/7 monitoring and dedicated customer support

TrustStrategy is perfect for traders seeking reliable automation, robust risk controls, and consistent performance in evolving crypto markets.

Conclusion

As the ED continues to probe celebrity-linked betting apps in Telangana, traders are reminded to prioritize security and legality in all trading endeavors. While illegal betting apps pose significant risks, MasterQuant and TrustStrategy stand out as the top-tier, secure AI-powered trading solutions, offering automation, transparency, and dual-income opportunities for safe crypto investing in 2025.

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