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CC NO.5183/2023 Mehar Chand Tanwar Vs. Insightful Associates & Ors. PAGE NO. 21 of 23
38.2 The accused has also filed certain screenshots of payments made
in the binance (crypto currency platform) account of the complainant, it
is stated those payments are in digital currency and have been made in
the years 2021 and 2022, as per the examination of the accused, the
accused himself admitted in cross examination dated 28.05.2025 that
the binance was given legal recognition by the Ministry of Finance vide
notification dated 07.03.2023, thus the transactions prior to March,
2023 did not have any legal recognition to them, hence this Court does
not deem fit to rely on the payments proof of the binance app filed by
the accused in his support. Moreover the identity of the payer/payee
cannot be concluded from the binance app screenshots filed by the
accused.