Anticipatory Bail Denied to Man Accused of Masterminding International Cryptocurrency Scam: Jammu & Kashmir High Court
In a major development related to a crypto-currency fraud, the High Court of Jammu & Kashmir and Ladakh has dismissed the anticipatory bail plea of Naresh Kumar Gulia, a retired army personnel, who is accused of orchestrating a multi-crore fake crypto Ponzi scheme under the names The Emollient Coin Ltd and later Tech Coin Ltd. Allegations of cheating thousands across countries Justice Mohammad Yousuf Wani, while rejecting the bail plea,…