https://www.taxtmi.com/caselaws?id=795480 Retention of frozen bank funds, crypto assets and seized material under Section 17(4) requires specific, reasoned findings on the affected parties' role, ownership and control of the assets, third-party customer interests, and the nexus between the assets and alleged proceeds of crime. The notes state that explanations concerning cryptocurrency exchange operations, pool wallets and available information or control were not substantively addressed. The Adjudicating Authority must allow both sides to substantiate their claims and determine these material issues through a fresh reasoned assessment; without such findings, retention orders cannot be sustained. en-us Thu, 16 Jul 2026 00:00:00 +0530 Thu, 23 Jul 2026 08:42:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795480 Retention of frozen bank funds, crypto assets and seized material under Section 17(4) requires specific, reasoned findings on the affected parties' role, ownership and control of the assets, third-party customer interests, and the nexus between the assets and alleged proceeds of crime. The notes state that explanations concerning cryptocurrency exchange operations, pool wallets and available information or control were not substantively addressed. The Adjudicating Authority must allow both sides to substantiate their claims and determine these material issues through a fresh reasoned assessment; without such findings, retention orders cannot be sustained. Case-Laws Money Laundering Thu, 16 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795480