https://www.taxtmi.com/news?id=66712 The court found prima facie material to issue process under the Prevention of Money Laundering Act against two individuals accused of involvement in a bitcoin based scheme; prosecution alleges one accused received 285 bitcoins, retained them when a mining farm deal failed, and failed to produce wallet addresses, while a signed term sheet and precise recollection of tranche amounts support an allegation of beneficial ownership rather than a mediator role. en-us Wed, 07 Jan 2026 20:46:03 +0530 Wed, 07 Jan 2026 20:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=66712 The court found prima facie material to issue process under the Prevention of Money Laundering Act against two individuals accused of involvement in a bitcoin based scheme; prosecution alleges one accused received 285 bitcoins, retained them when a mining farm deal failed, and failed to produce wallet addresses, while a signed term sheet and precise recollection of tranche amounts support an allegation of beneficial ownership rather than a mediator role. News - Wed, 07 Jan 2026 20:46:03 +0530 https://www.taxtmi.com/news?id=66712