Category Archives: Cyber Law

“Innovation Behind Bars” … Who is Nakoshi Sakamoto? Time to cancel the Bail for Unocoin

Posted on November 9, 2018 by 98410spice

Cointelegraph.com has carried an article titled “ Innovation Behind Bars: the arrest of India’s first Bitcoin ‘ATM’ Operators”. It has made several comments on the arrest of the founders of Unocoin.com who owned the ATM which was installed in a mall … Continue reading →

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Mumbai High Court raises the issue of Double Jeopardy

Posted on November 6, 2018 by 98410spice

[Report in Hindustan Times, Mumbai Edition, 6th Nov 2018] An interesting judgement has been reported from Mumbai High Court yesterday (5th November 2018) in the case of  State of Maharashtra vs Gagan Varma and Shagun Varma which has tried to … Continue reading →

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PayTM predicament could be a new “Me-Too” in Data Security

Posted on October 28, 2018 by 98410spice

The developments regarding the PayTM extortion case is a grave development which has huge ramifications to the Indian corporate sector. For records, PayTM case came to public light with a complaint filed by Mr Ajay Shekar Sharma, the brother of … Continue reading →

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Bitcoin is Illegal… says NASSCOM chief

Posted on October 26, 2018 by 98410spice

In a significant development, Hindu has reported that that the Nasscom President Debjani Ghosh has stated that from Nasscom perspective it was very clear that crypto currencies were illegal. Some people  refuse to see the writing on the wall mostly … Continue reading →

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Who is lying? Unocoin Advocates ? or the Press?

Posted on October 26, 2018 by 98410spice

Over the last few days the arrest of the executives of Unocoin the Bitcoin trading company for installing a “Bitcoin ATM” in Bangalore is making news. There are views and counter views on whether it was fair to arrest the … Continue reading →

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Self Inflicted disaster strikes on Bitcoin Start ups

Posted on October 25, 2018 by 98410spice

Today’s report in Times of India states that “Crypto, Startup players worry about action on Unicoin”  This follows the news that the second co-founder of Unocoin namely Mr Sathvik Vishwanathan was also arrested following the arrest of another co-founder B … Continue reading →

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