Sajakali Jamadar 2 of 6 901-ABA-1153-2018.doc
Bitcoins. He represented to her that his company was an Associate
Company of 'Gain ... Bitcoin' company which was run by one Amit
Bharadwaj. He further represented that the informant could
purchase Bitcoins through his company. She could
connivance with each other, lured witnesses (investors) to do online
investment vide bitcoin, in their company with assurance that, the
witnesses (investors) would ... said company,
the accused in connivance with each other, converted the said bitcoin into
a product by name Gain-Bitcoin and transferred the said amount
Bhimsen Agarwal. He has stated
that, he came to know about 'Bitcoins' from his friends Hemant
Chavan, Hemant Suryavanshi and Kaka Rawade. They ... told him
that, if he invested in the Bitcoins, the company gave returns @
10%p.m. and if the informant got other customers, he would
code was
shared. This time, the Complainant was instructed to trade in Bitcoin
using Rs.10,000/- and accordingly the Complainant traded and profit ... balance
and profits and was encouraged to trade more in Bitcoin. The
Complainant's bank account was then credited with Rs.13,000/-
therefore
digital data which was handed over to him
and misappropriated about 226 bitcoins.
8. I have heard the learned counsel for the applicant, the
learned ... submits that the present
applicant has converted some of the misappropriated bitcoins into other
different crypto currencies and transferred to some of the anonymous
wallets
digital data which was handed over to him
and misappropriated about 226 bitcoins.
8. I have heard the learned counsel for the applicant, the
learned ... submits that the present
applicant has converted some of the misappropriated bitcoins into other
different crypto currencies and transferred to some of the anonymous
wallets
which was Rs.10000/-. Then I have transferred
him the amount in bitcoins. I deposited the money in Aakib
Behlim Kotak bank account no.3014357030 ... amount to Sameer Khan. Sameer Khan transferred the amount
to the BITCOIN address of NATURESBASKET. NATURESBASKET
than confirmed that he had received the payment
field and had
become aware of user ID /password had transferred bitcoins in
the account of their relatives and friends including the
Applicants.
Sneha Chavan ... Dentist by profession and they are neither experts nor dealing in
Bitcoins or crypto currencies. It is submitted that they were
unaware of any such
applicant Mr. Hemand Bhope
was taken in custody in a "Bitcoin" fraud case.
3. The first informant and her husband claimed to have ... frame only after
co-accused Hemant was allegedly arrested in connection with
Bitcoin fraud case. The applicant initially promised to refund
the amount
Applicant. At that
time the Applicant and her husband told them about bitcoins. The
Applicant's husband explained that the bitcoin was an
international ... Applicant had also supported her
husband. Therefore, the informant invested in bitcoin. He paid
Rs. 61,00,000/- in the account of Arya Trading which
