BGMI developer Krafton faces accusations of selling users data in India bgmi ban or not?

 BGMI developer Krafton faces accusations of selling users' data in India

The FIR raises serious concerns, as the complainant asserts that confidential user data was not only leaked but also shared with third parties. The case has been filed under various legal sections, highlighting the gravity of the situation.

Given the previous ban on PUBG in India-centered around data security fears-there's a looming threat that BGMI may face a similar fate. If these allegations hold true, Krafton India may find themselves under scrutiny and potentially facing another ban for their game.

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In response, Krafton India has filed two writ petitions (Nos. 4806 and 5342/2024)

in the Bombay High Court, seeking a stay on the investigation. Represented by senior advocates from the law firm Shardul Amarchand Mangaldas & Co., the company has challenged the allegations and the FIR's procedural validity.

Justices Sarang V. Kotwal and Dr Neela Gokhale, presiding over the case, have merged both petitions and issued notices to the respondents. All interim orders have been extended until the next court date on 15 April 2025.

The case comes at a crucial time for Krafton, which has been actively investing in India's gaming landscape and positioning itself as a long-term stakeholder.

A writ petition is a formal request to a court to issue a writ, which is a written order to enforce legal rights or correct a legal violation.

Why file a writ petition?

To protect fundamental rights like freedom of speech, equality, and personal liberty

To enforce rights of an accused in criminal cases

To address issues related to revenue, environment laws, intellectual property rights, and patent law

How to file a writ petition?

1. File a petition with a court that has writ jurisdiction, such as the Supreme Court or a High Court

2. Present your case

Types of writs

Habeas Corpus: To produce a person who is unlawfully detained

Mandamus: To command a public authority to perform a duty

Prohibition: To stop an inferior court from exceeding its jurisdiction

Certiorari: To quash an order made by a lower court

Quo Warranto: To challenge a person's authority to hold a public office

Benefits of writ petitions They can provide speedy relief, They can protect fundamental rights, and They can provide direct access to higher courts.

KRAFTON

As of April 4, 2025, Krafton's market capitalization is approximately $11.6 billion.

Here's a breakdown of Krafton's valuation:

Market Cap: $11.6 billion

Stock Price: $256.08 per share

Shares Outstanding: 45.5 million

Ticker Symbol: 259960 (Korea Stock Exchange)

Recent IPO: Krafton's IPO was held on August 10, 2021, with a valuation of US$19.32 billion, though the value dropped by 8.8% from the original asking price.

Record Revenue: Krafton delivered record revenue and operating profit during the last fiscal year, with full-year revenue increasing by 41.8% year-on-year to KRW 2.7 trillion ($1.85 billion).

Q1 2023 Sales: Krafton reported 538.7 billion KRW ($407.8 million USD) in sales during Q1 2023.

Operating Profit Q1 2023: 283 billion KRW ($214.2 million USD)

Net Profit Q1 2023: 267.2 billion KRW ($202.2 million USD)

Case of against BGMI

According to a report first published by TalkEsport, an FIR (First Information Report No. 0474/2024) has been registered at the Akluj Police Station in Maharashtra, accusing Krafton India and four of its senior executives of unlawfully sharing and monetising confidential user data in violation of a 2021 agreement.

As per the complaint, Krafton India is accused of leaking user data to third parties at a rate of Rs 2,000 per subscriber. Given that BGMI has amassed over 100 million downloads on Android alone, with a substantial player base on iOS as well, the implications of this claim are potentially vast.

The FIR, dated Septembe 5,r 2024, was lodged following a court directive under Section 156(3) of the Criminal Procedure Code (CrPC) after earlier complaints allegedly went unaddressed. A hearing in the matter is scheduled before the Bombay High Court on April 15 2025.

I hope bgmi not ban again ?