ED estimated 20 to 30 crores transacted.
Looks like a trap.
Looks like a trap.
From what I know, Mahin has been one of the strongest people in terms of maintaining records, etc..
So how is Mahin at this moment ? Is he back home ? Any update ?
Topic: Dec 27, 2013 - ED raids a Bitcoin seller in Ahmedabad (buysellbitco.in) (Read 1118 times)
December 27, 2013, 03:35:02 PM
From what I know, Mahin has been one of the strongest people in terms of maintaining records, etc..
So how is Mahin at this moment ? Is he back home ? Any update ?
December 27, 2013, 06:35:07 AM
I think ED's main concern is money laundering A.K.A hawala , RBI did not ban Bitcoin , IF exchanges follow AML type of verification then this should not be a problem in future.
December 27, 2013, 06:27:39 AM
ED estimated 20 to 30 crores transacted.
Looks like a trap.
Looks like a trap.
From what I know, Mahin has been one of the strongest people in terms of maintaining records, etc..
Maintaining records is a good thing, but In future If government said bitcoin itself or buying/selling of bitcoin is completely illegal, those maintained records will just create more problems for him and others.
December 27, 2013, 05:51:18 AM
I dont think there will be any effect of this news to Bitcoin value... There are hundreds of people involved in ML and thousands of people do it (mostly for good cause) worldwide.... News will remain for 1 or 2 weeks and will be underground soon... Seems, builders and politicians money circulate in bitcoin from India....Even though RBI ban or stop bitcoin trading in India, there are many ways to trade or do business in it.... If RBI find any way, its good for system...
I heard both Nilam Doctor and Mahim gupta are being investigated by agencies....Lets see.
I heard both Nilam Doctor and Mahim gupta are being investigated by agencies....Lets see.
December 27, 2013, 02:58:39 AM
ED estimated 20 to 30 crores transacted.
Looks like a trap.
Looks like a trap.
From what I know, Mahin has been one of the strongest people in terms of maintaining records, etc..
I'm sure Mahin Gupta maintained record. What about record of further transaction done by those people who bought Bitcoin?
December 27, 2013, 02:57:42 AM
Damn, even without knowing what it is, they jump. 
Correction: Damn, even without knowing what it is, they(Mr. Gupta) jump. 
December 27, 2013, 12:52:16 AM
ED estimated 20 to 30 crores transacted.
Looks like a trap.
Looks like a trap.
From what I know, Mahin has been one of the strongest people in terms of maintaining records, etc..
December 27, 2013, 12:47:36 AM
ED estimated 20 to 30 crores transacted.
Looks like a trap.
Looks like a trap.
December 27, 2013, 12:45:43 AM
Damn, even without knowing what it is, they jump.
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