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Person collected 60k from me for investing in cryptocurrency


21-Oct-2023 (In Banking / Finance Law)
Collected 60k from me for investing in cryptocurrency in Jan 2018 now he's not giving money back as subjected company is closed. Now person collected money is blackmailing he'll die if I'm asking money
Answers (1)

Answer #1
714 votes
Cryptocurrency is not a legal tender in India and the same has been published by RBI and Government, and any transaction in that regard is deemed illegal and so you may initiate case in that regard.

However somebody cheated you with money by making false misrepresentations then you may initiative criminal case against that person for cheating.

This advise is subject to limited information provided by you and shall not be regarded as an advise, and so please approach a lawyer for appropriate legal support.
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