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Bitcoin Cryptocurrency - Deepak Chawla v The State of Madhya Pradesh - Cyber Law Solution
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Deepak Chawla v The State of Madhya Pradesh, December 4th 2017

Facts: Deepak Chawla influenced the complainant to buy bitcoins and therefore due to the influence of the same transferred Rs 25000/- by online banking to him. However after the transfer of money, Deepak Chawala changed his contact number to evade every kind of contact with the complainant. A complaint was then lodged and he was booked under Section 66D of the IT Act and Sections 420 and 201 of IPC.

Judgment: Deepak Sharma was granted bail on the condition that he refunds back the amount of Rs 25000/- to the complainant and also has to pay personal bail amount of Rs 50000/- with two solvent sureties.

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