Cyber law Cyber law

8 months ago

Hello so I am a engineering student , I do Trade in crypto currency for side income .
On 7th August my Bank account got freezed on inquiry it was said that it is due to a transaction which is marked fraudulent. Now the Marked transaction was for the crytpo currency I sold through Binance application to a person and I received payment in my bank account. It was mentioned to contact Gujarat cyber cell and mail them documents. I did follow all the steps but there is no reply from cyber cell or the bank management for the following. The account from which the transaction is made is from Telangana. I don't have any FIR or complaint registered directly against me . It's just list of transactions made from that account are marked as fraudulent since as written in the notice recived from bank that account was hacked.
Now I want to inquire about few stuff .

1) How should I follow up on this and what steps should I take since I am not getting any response on mail or call from Gujarat cyber cell . ?
2) Is recieving payment for crytpo currency Trade in your bank account legal ? And if I make application in court to unfreeze my account will my Transaction made in crytpo currency stand ?

Anik

Responded 8 months ago

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A.Dear client,
Please dial Cyber Crime Helpline no. 1930 or 100 to report crime. or file your complaint online on www.cybercrime.gov.in. cybercrime.gov.in.
Like any other means of exchange (e.g., cash or credit), businesses can accept cryptocurrency as a form of payment for their goods or services.
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