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Indian High Court Blocks Bail in Major Crypto Scam—Cites ’Economic Threat’ as Justification
Indian High Court Blocks Bail in Major Crypto Scam—Cites ’Economic Threat’ as Justification
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India’s judiciary just drew a hard line in the sand—no mercy for crypto fraudsters. The High Court denied bail to a key player in a high-profile crypto scam, citing 'potential risks to the economy' as the hammer drops.
Why it matters: When courts start treating crypto scams like systemic threats, it’s a wake-up call—regulators aren’t playing nice anymore.
The irony? Traditional finance scams still get cozy plea deals while crypto perps get the book thrown at them. Some things never change—like Wall Street’s talent for dodging accountability.
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