Company. He told
them about the positive features in respect of Cryptocurrency. The
Applicant informed the Informant about a newly launched
Cryptocurrency by name Money ... recognized in different countries.
4. According to his claim, if the Cryptocurrency coins
were purchased between 15th to 17th July, 2017, the price would
house of the Complainant and
explained his idea of investing in cryptocurrency. As the Complainant had
no knowledge about the said sector, hence was reluctant ... went on persuading the Complainant and his family members to
invest in cryptocurrency in order to earn huge returns on investment.
Believing the promises
Company. He told
them about the positive features in respect of Cryptocurrency. The
Applicant informed the Informant about a newly launched
Cryptocurrency by name Money ... recognized in different countries.
4. According to his claim, if the Cryptocurrency coins
were purchased between 15th to 17th July, 2017, the price would
allegations that the
accused has represented that he was also dealing in cryptocurrency, in
which, he claimed the complainants funds could be invested ... Further, the allegation that the
accused may have dealt with investments in cryptocurrency or stock
trading should have also been investigated, including, by checking
whether
prosecution has a case that the applicant cheated the
many persons in cryptocurrency business. He did not pay money
for transaction with him. The complainant ... counsel for the applicant submits that the
complainant had invested money in cryptocurrency business. He
transferred money to the account of the person named
operated illegal OTT platform, generated
revenue and got the benefit through cryptocurrency in his account.
3. The submissions of learned counsel for the applicant ... offence. He would
further claim that the amount in the form of cryptocurrency
deposited in the account is not operated by the applicant. He would
frame appropriate
regulations in respect of the alleged growing menace of
cryptocurrency and corrupt malpractices due to lack of
appropriate legislation and statutory authority ... outset, submits that the PIL petition
has been rendered infructuous because the Cryptocurrency
Page 1 of 2
J.V.Salunke,PS
8-PILL.24850.2021
victims were
instructed to gain the confidence of such persons by discussing
cryptocurrency investment opportunities and to persuade them to
download certain mobile applications. Once
victims were
instructed to gain the confidence of such persons by discussing
cryptocurrency investment opportunities and to persuade them to
download certain mobile applications. Once
Token Cryptocurrency Plan, and 3000
people were promised a trip to Dubai. It was told that the
aforesaid two companies had ten more sister companies
