Surya Kant News

Supreme Court is all set to reopen on Monday after a 42-day summer break and will take up a batch of pleas related to the strife in Manipur and a petition by the sister of slain gangster-turned-politician Atiq Ahmad and Ashraf seeking constitution of a commission to inquire into their «extra judicial deaths». Several vacation benches in the summer break took up for hearing over 2,000 cases, including bail plea of social activist Teesta Setalvad, and disposed of over 700 cases, according to sources.

Supreme Court on Friday asked the Centre to make its stand clear on whether cryptocurrency trade involving Bitcoin or any other such currencies is legal in India or not. A bench of Justices DY Chandrachud and Surya Kant, which was dealing with a case related to the quashing of multiple FIRs registered against one Ajay Bhardwaj and others for allegedly duping investors across India by inducing them to trade in Bitcoin and assuring them high returns, said that the accused were booked for their involvement in Bitcoin trade. The bench told Additional Solicitor General Aishwarya Bhati, appearing for Centre and Enforcement Directorate, «We want you to tell us on affidavit whether cryptocurrency trade involving Bitcoin or any other such currencies is legal in India or not? What is the regime for Bitcoin trade at present?» Bhati said she would file an affidavit on the legality of the cryptocurrency trade and added that the accused, who is seeking quashing of proceedings, has not been cooperating with the investigating agency after being granted bail by the court in 2019.

The Supreme Court on Friday asked the Centre to make its stand clear on whether cryptocurrency trade involving Bitcoin or any other such currencies is legal in India or not.

The matter was in connection with "GainBitcoin" scam.