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Indian Court Bars Police From Freezing Entire Bank Accounts in Crypto Fraud Probes

Started by Bitcoin, Sep 15, 2024, 07:13 pm

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Sep 15, 2024, 07:13 pm
Indian Court Bars Police From Freezing Entire Bank Accounts in Crypto Fraud Probes

Indian Court Bars Police From Freezing Entire Bank Accounts in Crypto Fraud ProbesAn Indian High Court has ruled that police cannot freeze entire bank accounts during fraud investigations. Only fraud-related amounts in bank accounts can be frozen. The decision followed a case where an account was frozen due to a cryptocurrency investigation. The court stressed that freezing accounts entirely disrupts livelihoods and called on investigative agencies to […]

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