Asia's weekly TOP10 crypto news (Sep 16 to Sep 22)
1. Indian Court Bars Police from Freezing Entire Bank Accounts in Crypto Fraud Investigations link The Madras High Court in India has ruled that police cannot freeze an entire bank account during a financial fraud investigation, but only the amount directly related to the fraud. This ruling came in response to a case where accounts were frozen as part of a cryptocurrency investigation. Justice G. Jayachandran emphasized that freezing an entire account can deprive individuals of their livelihood and financial stability. He noted that account holders are often unaware of the reason for the freeze, and by the time they find out, their routine financial and business transactions have already suffered significant harm. 2. The Mainland of China’s Crypto News This Week 2.1 Cryptocurrency Dispute Rejected by Court in Hunan Following Buyer’s Lawsuit link In this case, an individual named Zhou sought assistance from his friend Dai to purchase BZZ, a type of cryptocurrency, for investment purpose...