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Bail Granted to Accused in ₹6606 Crore Bitcoin Fraud Case, Considering Her Status as a Woman and Mother of a Six-Year-Old: Bombay High Court

15 Oct 2024 3 min read
Bail Granted to Accused in ₹6606 Crore Bitcoin Fraud Case, Considering Her Status as a Woman and Mother of a Six-Year-Old: Bombay High Court

In a significant ruling by the Bombay High Court, bail has been granted to Simpy Bharadwaj in connection with a case filed under the Prevention of Money Laundering Act, 2002 (PMLA). This judgment raises important questions regarding the application of the Act, particularly in cases involving family members of the accused. Case Background The case revolves around Simpy Bharadwaj, who is the sister-in-law of Amit Bharadwaj, the main accused and…

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