#BreakingNews 💯⚠️

As per news -

Dealing in #Crypto ‘Cannot Be Treated as Illegal in Any Manner.’

The Orissa High Court in India ruled that #cryptocurrency dealings are not illegal under Indian law. This decision arose from a case involving individuals accused of fraud through a Ponzi scheme.

Justice Sasikanta Mishra clarified that cryptocurrency is not considered money under the Prize Chits & Money Circulation Schemes (#Banning ) Act or a deposit under the Odisha Protection of Interests of Depositors Act, thus deeming mere cryptocurrency dealings not offenses under these laws.

The Orissa High Court in India has issued a significant ruling clarifying the legal status of cryptocurrency dealings under Indian law. This landmark decision emerged from a case involving two individuals accused of defrauding people through a Ponzi or multi-level marketing (#MLM ) scheme.

So, always...

#DYOR it's #NFA & Trade with StopLoss in Crypto.