Pay Perform India Pvt. Ltd. v. Union of India

The Cyber Blog IndiaCase Summary

Constitutional validity of the PMLA, 2002 provisions in the light of an investigation into money laundering through cryptocurrency

Pay Perform India Pvt. Ltd. v. Union of India In the High Court of Madras WP 12925/2023 and WMP 12709-12710/2023 Before Chief Justice SV Gangapurwala and Justice DB Chakravarthy Decided on January 31, 2024 Relevancy of the case: Constitutional validity … Read More

RBI Fintech Initiative: Sandbox

Ritesh KaraleCyber Security

RBI Fintech Initiative: Sandbox

Finance Technology, popularly known as Fintech, is an emerging field of technology that combines both technology and financial services. India’s Fintech sector has grown significantly in the past few years. The industry accounted for a 14% share of the global … Read More

Aslam Sayyed v. State (NCT of Delhi)

Riya SinghCase Summary

Bail application in a case involving promises of high returns through MLM projects and cryptocurrency investments

Aslam Sayyed v. State (NCT of Delhi) In the High Court of Delhi B.A. 3085/2023 Before Justice Swarana Kanta Sharma Decided on September 15, 2023 Relevancy of the case: Bail application in a case involving promises of high returns through … Read More

Gourab Sethi v. State of Telangana

Palaaksha KandhariCase Summary

Bail application in a case involving suicide due to harassment by recovery agents of China-based instant loan apps

Gourab Sethi v. State of Telangana In the High Court of Telangana Crl. P. 8799/2022 Before Justice Chillakur Sumalatha Decided on October 06, 2022 Relevancy of the Case: Bail application in a case involving suicide due to harassment by recovery … Read More

AA v. Persons Unknown

The Cyber Blog IndiaCase Summary

Consideration of Bitcoins as property  under English law and injunction against cryptocurrency exchanges controlling the wallets containing the ransom payment

AA v. Persons Unknown [2019] EWHC 3556 (Comm) In the High Court of Justice, Business & Property Courts of England and Wales, Commercial Court (QBD) Case CL-2019-000746 Before Justice Bryan Decided on December 13, 2019 Relevancy of the Case: Consideration … Read More

Decoding DeFi

Gitanjali SadanCyber Security, Law

Decoding DeFi

Can you imagine a world where loans, insurance, and every other financial service exist in a blockchain, just like cryptocurrencies? It sounds exciting and, at the same time, complicated. This is what decentralised finance (DeFi) is all about. DeFi is … Read More

Hitesh Bhatia v. Kumar Vivekanand

The Cyber Blog IndiaCase Summary

Requirement of a court's intervention for appropriate investigation in a Bitcoin scam

Hitesh Bhatia v. Kumar Vivekanand In the High Court of Delhi Case 3207/2020 Before Justice Abhinav Pandey Decided on July 1, 2021 Relevancy of the case: Requirement of a court’s intervention for appropriate investigation in a Bitcoin scam Statutes and … Read More