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Showing contexts for: Binance in Smt. D. Satya vs The State Of Telangana And 4 Others on 11 February, 2022Matching Fragments
3. Learned counsel for the petitioner would submit that the petitioner is a resident of Tamil Nadu State and she is a Dr.SA,J wp_2989_2022 housewife. The petitioner has nothing to do with registration of Crime No.1786 of 2021 of Cyber Crime Station, DD, Hyderabad, registered for the offence punishable under Section 66 (c), 66 (D) of the Information Technology Act, 2000 and Sections 419 and 420 of I.P.C. The petitioner has been trading in crypto currency through online trading platform called 'Binance P2P'. The petitioner registered into the said platform through her email ID. On the subject trading platform, traders can buy and sell crypto, USDT etc., without knowing each other. On the said platform, the petitioner has sold USDT to one person by name Maheshbhai Ravjibhai Happani. The petitioner has made five (5) transactions from 16.09.2021 to 12.11.2021 with the said person. During the course of investigation, the respondent-police requested respondent Nos.3 to 5 banks, to freeze the petitioner's bank accounts. Despite, the petitioner giving sufficient explanation, the respondent- police are willfully and wantonly harassing her to come to Hyderabad. The petitioner has no role whatsoever in the subject crime. Further, the petitioner was not served with any notice. Respondent No.2 without having any valid Dr.SA,J wp_2989_2022 reason, had frozen the petitioner's bank accounts and ultimately, prayed this Court to defreeze the petitioner's bank accounts.