[GainBitcoin scam] "We are not some Tis Hazari Court:" Supreme Court on Ajay Bhardwaj failing to disclose username, password of cryptowallet

The Supreme Court on Monday took exception to accused in the GainBitcoin scam, Ajay Bhardwaj, failing to disclose the username and password of his cryptowallet to the Enforcement Directorate (ED). .A bench of Justices DY Chandrachud and Surya Kant remarked that the plea by Bharadwaj seeking quashing of the case against him, should be dismissed for non-compliance with the top court's earlier order. The Supreme Court had on March 28 asked Bhardwaj to disclose the username and password of his cryptowallet to the ED."Why have not give the email and pass? You must share the details. We should dismiss it for non-compliance. SC is not a district court where you can play like this....You make a statement here and then no compliance. We are not some Tis Hazari Court where you can play like this. First comply with the order, then come here," remarked Justice Chandrachud. .We are not some Tis Hazari Court where you can play like this. First comply with the order, then come here.Supreme Court to Ajay Bhardwaj.The Court was hearing a petition filed by Bhardwaj seeking quashing of the case against him. He along with alleged mastermind and brother Amit Bhardwaj are accused of running a multi-level marketing scheme promising huge returns to investors.According to Inc42, the scam size, which was initially ₹2,000 crore, was revised to ₹20,000 crore after increase in Bitcoin value.During one of the earlier hearings, the Court had asked the Central government to make its stand clear on whether or not Bitcoin is illegal..When the matter was taken up today, Additional Solicitor General Aishwarya Bhati, appearing for the ED, said that Amit Bharadwaj has passed away and the case relating to him can be disposed of.The bench acceded to that request. It then asked the ASG whether Ajay Bhardwaj has furnished the username and password of his cryptowallet in compliance with the Court's earlier order. The ASG replied in the negative. The bench then asked Bhardwaj's counsel the reason for the same. "We will give the password. Pune Police has seized everything, how can I give," the petitioner's counsel asked. "You don't need hardware for sharing password," the Bench responded. "My passwords were changed by the Pune police officers," the counsel said."Whatever you have, please submit," the Bench directed.The Court then deferred the hearing while directing Bhardwaj to submit details to the ED tomorrow.

[GainBitcoin scam] "We are not some Tis Hazari Court:" Supreme Court on Ajay Bhardwaj failing to disclose username, password of cryptowallet

Chaitanya Singh

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