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
period of 18
months on their investments made in said 'bitcoins' (crypto currency). The
accused had assured the complainant that their company ... authorized
miners of Bitcoins in India, having pan-India operations and that the entire
business was legal. Thus, the complainant was induced to believe
play except that from December, 2020, the petitioner was, on payment,
supplying bitcoins to Amrit Raj. The petitioner had no knowledge from
where Amrit ... earning and giving the money to petitioner to supply
him the bitcoins and that all the transactions between the petitioner and
Amrit Raj were through
further stated that on
04.07.2019 the complainant transferred the
money from his Bitcoin account
No.1Eb9WWFVFRqoKeYobHnoT3bBquKinV1bd8
to petitioner's Bitcoin account number through ... mobile phone by using Bitcoin app and he
has transferred currency to the Bitcoin account
numbers on different dates as shown in the
complaint
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
Shukla. In his statement, he stated that he is a dealer in Bitcoin
and is engaged in selling and purchasing Bitcoins. He stated that ... about them. He alleged that the applicant claimed
herself to be a Bitcoin seller and was offering to sell Bitcoin at the rate
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
period of 18
months on their investments made in said 'bitcoins' (crypto currency). The
accused had assured the complainant that their company ... authorized
miners of Bitcoins in India, having pan-India operations and that the entire
business was legal. Thus, the complainant was induced to believe
first informant was lured
by the petitioner and others to invest in bitcoins which is a crypto-currency. It
was promised that his investment will ... block chain was opened. Subsequently, the first informant invested in the
bitcoins and transferred Rs.17,50,000/- in two separate instalments. One
bitcoin
number. The victim deposited the said amount in the crypto wallet
through bitcoin ATM. The funds were subsequently transferred to the BTC
addresses ... Sahil Pal ·orchestrated the transfer of fraudulently obtained Bitcoin
(BTC) to the Binance wallet belonging to accused Ashish Bhambhani.
Investigation has established that accused Ashish
