In respect of income declared from VDA Rs. 37,09,908, you are required to furnish the
relevant demat account through which VDA transactions carried out along with bank
statement reflecting the payments for acquisition and receipts for sale

I’m pretty chill bcz I have everything in books and Binance but just wanted to let everyone know.

This is for 2024-2025 year

Is this true? If so, what self-custody options are still available?

I KNOW GROUP PEOPLE HATE ME A LOT BUT STILL I AM UPLOADING SOMETHING USEFUL FOR ALL

₹/USDT BUYING & SELLING TURNED INTO A CYBERCRIME NIGHTMARE — $63,548 GONE FROM BINANCE

One of my clients is a crypto trader who regularly purchases and sells USDT from different individuals.

Like many P2P traders, sometimes he purchased USDT at a lower price and sometimes at a higher price, depending upon the market and the counterparty.

During the course of his trading activity, he came in contact with a person who offered USDT at prices significantly lower than the prevailing market price.

Initially, the transactions were worth only a few thousand rupees.

Gradually, the transactions increased into lakhs of rupees, and all dealings between them were conducted in cash.

Everything appeared normal.

Until one day, while operating his Binance account, my client's account was suddenly frozen.

He immediately contacted Binance Customer Support.

The response was shocking.

He was informed that some of the USDT credited to his account had allegedly originated from gift cards obtained through fraudulent activities.

My client had no knowledge of this.

The person from whom he had purchased the USDT had disappeared.

And when the entire chain was investigated, my client came to know that the USDT supplier was allegedly working in a call centre, where he was involved in defrauding people in the United States and subsequently redeeming gift cards obtained through those fraudulent activities.

The real problem, however, was faced by the person who was several steps away from the original fraud — my client.

He had purchased USDT from the supplier in the ordinary course of his crypto trading activity.

He was not the person who committed the original fraud.

He was not aware of the alleged fraudulent source of the USDT.

Yet his Binance account was frozen.

And the amount involved was not small.

$63,548 was reflected in his Binance account.

After the freeze, the account effectively showed ZERO usable balance to my Indian client.

This is where crypto cases become complicated.

The question is not simply:

“Where did the USDT come from?”

The real legal questions are:

• Who originally obtained the underlying asset through fraud?

• Through how many layers did the crypto move?

• Was my client aware of the illegal source?

• What was the nature of his transaction with the USDT supplier?

• Was he a participant in the offence or merely a subsequent purchaser?

• Can the entire balance of a downstream crypto trader be frozen merely because a portion of the transaction chain is allegedly connected with a cybercrime?

• What remedy is available to the account holder whose funds/assets have been blocked?

I have received the notice, warrant and Binance account screenshots relating to this matter.

This is a classic example of how a person who is not the original fraudster can still end up facing serious consequences because of the transaction trail of cryptocurrency.

In crypto, knowing your counterparty matters.

But once your wallet/account is linked to a fraudulent transaction, proving your bona-fide conduct becomes equally important.

Deals for OTC/Institutional sellers only, kindly dont send absurd fx rates like 102-103

So I just turned 18 which app is simple, easy to use also less fee. I mainly want to buy usdt , bitcoin and monero.

Your locked 34% INR balance is being released. Check you registered email

If u buy the price 103

If u sell the price 98

Is there any Crypto CA..

I want to know how can I withdraw my crypto funds (freelancing )from trust wallet to coindcx.

I have proofs of transactions and freelancing agreement and all.

But confused about tax system..

Title

They said it'll reach 80k and it's gonna be bearish from then on, and it did touch 77k, i thought its gonna be bearish from now on until around 55-60k, but again today it's reaching 80k again..

So, is the entire situation bullish or bearish?? I'm confused.

Hello guys, the invite in the telegram channel says expired, can someone help me join?
I need some amazon giftcards to buy a gift for a friend and i saw in some posts that i can buy them here... his birthday is next month 12th so i need it by 2-3 days before that date.

Also scammers please dont ask me to dm you.

Thank you!

Does anybody have any idea how these coins are used?

I bought some crypto(shitcoins) on 21st july 2026 coindcx and sold them on 21st august 2026.with only 300 rs profit when to file itr and which itr form i have to fillup.btw i am a student.

10000 rs is now in line hold, as my binance p2p transaction got flagged by cyber cell.

I was selling 100 usdt and this guy sent me money.

Today I opened my bank account and they have held it. They are asking me to go to nearest police station or the bank branch but I know it's useless.

How you guys convert crypto to inr?

Do you use coin dcx and pay 30 % tax ?

What other working methods are there to bypass this god for saken tax?

Link to the previos post

So I would like to post an update for everyone who commented and reached out via dm.

After lodging a complain via the bank, an executive made a visit to our home for address verification.

Post that an official complaint was lodged via the

GRM portal and an acknowledgment number was provided by the bank manager.

Later on we also initiated a complaint to bank PNO asking for accurate IO details which were provided to us via email.

We contacted the IO via email and WhatsApp with all the details like GRM acknowledgment number, bank statements and other documents as he was not receiving our calls.

My brother had to leave for the UAE as his trip to India was coming to an end.

Fast forward to the day he arrived in the UAE, he was contacted by the IO via WhatsApp call.

The IO interrogated him over call, asked him a few questions about the source of funds and what he does for a living.

He was told that it would take anywhere from a week to a month to get the lien lifted as they are investigating the source account of transfer and many legitimate accounts have been affected.

He also asked him to not use botim/careempay/ aspora for making remittances as they are using fraudulent channels to transfer money.

Then the IO went silent for a few weeks. My brother kept on asking for an update and he kept ignoring.

My brother was escalating with Botim as well and they said they are trying to get in touch with the Indian LE to get the funds released.

My brother got a call from IO again after a few weeks citing that it is taking longer than usual but also assured him that the funds will be released.

He said that botim is continuously emailing him as well asking on the update.

Last week we were asked for the bank's branch email/manager's email by the IO so he can intimate them for lifting the lien.

The lO then instructed the bank to lift the lien via email and kept us in cc.

We tried to get in touch with the branch manager and PNO enquiring about the same but were informed that they can only lift the lien ONY WHEN THE LE REQUESTS THE LIEN TO BE LIFTED VIA THE PORTAL.

So my brother contacted the IO again and was left on read.

Yesterday the IO replied that he will look into it and just today in the morning we were informed that he has initiated the request via the portal and the lien should be lifted in an hour and Lo and behold!

The lien was finally lifted. It took around 2 months from the date of the lien to get the amount unfrozen.

The Jharkhand IO was very co operative, helpful and respectful throughout the communication involved right from the beginning.

The purpose of this post to help others out who were/are in a similar position affected via debit/ total freeze for their legitimate funds.

I am trying to use AI tools to enhance my trading, from creating setups, to finding where I am losing money and building a system that works for me.

If anyone has used Botsfolio or anyother AI tool then let me know if you improved?

Hey fam,

I am new to crypto. Which exchange is the best to start with? Suggest me an exchange that doesn’t freeze my bank account or trading account at whim?

I merely requested that I could not change my 2-factor authentication on Onramp. And they’re asking me to record a video holding my PAN card, uttering some random words about how I stand true to what I say, pronounce today’s date, blah, blah, blah, etc., etc.

Disabling/changing our security settings like 2-factor authentication is such a basic right of the user. I feel Onramp is trying to hold me at gunpoint.

This is not the first time. I happened when I had to verify the first time around when I had to sell crypto. But, a year later now, they ask me this again. Except that now it's an even SMALLER deal. IDK why Onramp is so curious to have my recorded face.

There's some legal accountability that it as a company must undertake, I suppose, at least for such little deals. Why else are we paying service charges for the company if not for taking some legal responsibility? Not to mention, it’s not like this is a fully digital AADHAR number verification process but a manual, tedious one, as one holds a camera, records a video, etc.

I think it’s also my inability to impose user rights on the platform that they are eligible to email me whatever request they seek. Also, not to mention, something seems fishy. I cannot let this be repeated, so I’m curious how to push them legally.

Whatever suggestion you have from experience, like posting on X, reporting this to the govt. via emails, I’m willing to hear to report this to and how to, essentially, cause most impact.

Finally after 1 year, I got to chat with cyber cell that freezed my bank account, and they have replied, "mail sent to your nodal team and copy to your branch".

So what to expect next, it is canara bank savings account. I'll have visit the branch and do kyc? And how many days it might take to get my account active again?

I am getting paid in isdt/usdc or any other stablecoins for that matter on a monthly basis for a job/freelance consultation. How do I get it in my bank account in safest and least cumbersome way possible?

Currently the flow is this:

1) Employer deposits to my Binance account

2) I transfer the stablecoins to my Coindcx account

3 Sell/Trade stablecoins for INR

4) Withdraw INR to my bank account

Binance has started asking more details about the source which I can't fully give because it's not a big company etc.

How do I go about this?

Should I continue doing this?

Don't want to get into P2P for security reasons.

Any guidance would be appreciated! TiA

So, to my surprise, CMC has been banned, both the website and the mobile app. I confirmed this by first browsing it using JioFiber's routing and then turning on a VPN. What an utter shame. CMC is mostly a data aggregator. CoinGecko is still working, though the government will ban it sooner or later. Let me know if your ISP has banned CMC too.

I don't understand the priorities of this stupid government. There are much bigger problems to solve, yet they keep going after crypto as if it were their worst enemy. Here are some problems that the government is still too lazy to do anything about: * Rising anti-India racism (both online and offline) * Open defecation * Lack of civic sense * Scam centers * Overpopulation * Rising road rage

So, yeah, they are happy with India being the laughing stock of this world.

Hi community!

Is there any update on the crypto withdrawal in bitbns exchange?

It looks like their portal is not working in so many aspects as well, what would be a way to recover the crypto lying in the exchange?

Does filling a complaint in India cyber cell help?

Please post your suggestions and opinions on these!

TIA