Jogender
Kumar, S/o Sh.Tika Ram who stated that the cryptocurrency chit fund
company named Pluto Exchange with its office at 6D, 6th floor ... business of crypto currency and that they had
launched their own cryptocurrency and asked the complainant to
invest in their crypto currency and assured
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
Sunil Tyagi vs Govt Of Nct Of Delhi & Anr on 28 June, 2021
Equivalent
Akshay N. Patel vs Reserve Bank Of India on 6 December, 2021
Author: D.Y
Founders is the entity that is
the source of the TATA Coin cryptocurrency. The said
entity has a website located at
www.hakunamatata.finance, which
said
amount has been transferred to Chinese and Pakistani citizens as
cryptocurrency. Prime facie, from the evidence collected, it appears that an
International Gang
Reserve Bank of India placing an embargo on dealings in virtual
currency/cryptocurrency. The Bench considers the test of proportionality as
enunciated in the case
Brajesh
Raikwar, who were the business head for the marketing of a cryptocurrency
Plus Gold Union Coin (PGUC) in India, in connivance with the applicant
Reserve Bank of India placing an embargo on dealings in virtual
currency/cryptocurrency. The Bench considers the test of proportionality as
enunciated in the case
