Bengaluru: Two people, who were arrested for allegedly deceiving a 3.5 crore Hospital businessman with the pretext of helping him invest in the Cryptocurrency business, has been denied by the Guarantee by the Civilior Court and City Session.
While applying for a bail, Piyushbhai Himmatlal Soni and Rajeshbhai Dhirajlal Soni from Gujarat has stated that Cryptocurrency transactions are not regulated by Bank India’s reserves or land law.
CEN SOUTH crime police have arrested them a month ago.
The main suspect, Kunal Anup Chandrana, was still great.
The local court has fired a bail anticipatory Chandrana bail application on August 10.
Gowtham businessman, 37, from JP Nagar, filed a complaint on June 28.
After his friend, Ramesh TV, he was interested in business.
By stating that he had a little knowledge in this sector, Ramesh asked him to contact his friend Chandrana who claimed to be an expert.
On May 15, Gowtham transferred RS 3.5 Crore to two bank accounts provided by Chandrana.
But Chandrana does not set Cryptocurrency or return money.
The police collected the details of a bank account and tracked Piyushbhai and Rajeshbhai.
Claim Innocence, Duo said they were in the business of purchasing and selling agricultural products and equipment.
Prosecution filed objections, looking for cancellations of guarantees to prevent them from influencing witnesses and victims.
Prosecution said the police had asked the bank to freeze accounts that were accused and people who had transactions with them.
Based on this, all accounts of RS 3.3 Crore have been confiscated.