The Enforcement Directorate on Friday said it has frozen Rs 46.67 crore funds of merchant entities kept in four online payment gateway accounts of Easebuzz, Razorpay, Cashfree and Paytm after it carried out raids this week against a “Chinese-controlled” investment token app. The funds have been frozen under the anti-money laundering law. The latest action comes after the agency earlier this month raided the Bengaluru premises of Razorpay, Paytm and Cashfree over alleged irregularities in the operations of instant app-based loan giving companies “controlled” by Chinese persons and later similar seizure order for Rs 17 crore funds kept in their...