In a significant development for the Indian crypto community, the Kerala High Court has issued a groundbreaking directive, safeguarding the rights of bank account holders who have fallen victim to indiscriminate freezes on their accounts in cases related to cybercrimes. The court, in its ruling, called upon banks not to
NC Global Media, the Dubai-based blockchain media company, has partnered with and supported the legal team of TechiLaw, an emerging law firm, in efficiently assisting over 100 victims of peer-to-peer (P2P) scams in navigating the intricate landscape of frozen bank accounts in India. Since mid-April, a sense of uncertainty has
The “seizure of multiple Binance P2P-linked bank accounts” sent a shockwave through the Indian crypto community as the country stepped forward to secure the people from scams and fraudulent activities using P2P UPI transactions, following the Rs. 2 lakh (around $2420) fund scam, which is circulated in the chain. The
