Is ZebPay under investigation by Government of India?

Prodigan786

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Activity: 434

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Quote from: AK47- on June 25, 2017, 11:12:05 AM

Quote from: dgarg on June 25, 2017, 05:47:00 AM

Zebpay and all other companies will come out clean who first need kyc verification before you start using their services

And they also taking some percent of taxes when ever you buy or sell your Bitcoin

Exactly Zebpay has nothing to hide. They are running quite fair business. I am sure the ministry will find nothing against them.

Quote from: jaideep1000 on June 25, 2017, 11:05:16 AM

Read the name of the person who signed the letter below.

Its that same MP Kirit

He doesn't know what bitcoin is properly and even called it a ponzi scheme once.

Retards in important positions of the country.
Get out of this place while you can.

Yeah, even I have heard that he said bitcoin is a Ponzi scheme. I really wonder how can government hire such people to investigate about bitcoin when they know nothing about it. Such positions should be offered to some technically sound person.

Even i wondered that this guy Kirit somaiya said bitcoin is pyramid ponzy scheme you can check this link http://www.moneycontrol.com/news/business/markets-business/bjps-kirit-somaiya-terms-bitcoin-a-pyramid-ponzi-scheme-is-he-right-2245911.html . I dont know wahat this guy trying to do before making such a statement in parliament he should have research about bitcoin at least his assistants.

Prodigan786

sr. member

Activity: 434

Merit: 250

Its really good move . Its just investigation and zebpay will come out with more power may be next turn for Unocoin and coinsecure . Unocoin already its app is not worjking from last four to five days . I am having some bitcoin earning on Unocoin wallet everyday even every hour am checking still no luck .

AK47-

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Activity: 644

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Quote from: dgarg on June 25, 2017, 05:47:00 AM

Zebpay and all other companies will come out clean who first need kyc verification before you start using their services

And they also taking some percent of taxes when ever you buy or sell your Bitcoin

Exactly Zebpay has nothing to hide. They are running quite fair business. I am sure the ministry will find nothing against them.

Quote from: jaideep1000 on June 25, 2017, 11:05:16 AM

Read the name of the person who signed the letter below.

Its that same MP Kirit

He doesn't know what bitcoin is properly and even called it a ponzi scheme once.

Retards in important positions of the country.
Get out of this place while you can.

Yeah, even I have heard that he said bitcoin is a Ponzi scheme. I really wonder how can government hire such people to investigate about bitcoin when they know nothing about it. Such positions should be offered to some technically sound person.

jaideep1000

full member

Activity: 194

Merit: 100

Read the name of the person who signed the letter below.

Its that same MP Kirit

He doesn't know what bitcoin is properly and even called it a ponzi scheme once.

Retards in important positions of the country.
Get out of this place while you can.

dgarg

full member

Activity: 228

Merit: 100

Zebpay and all other companies will come out clean who first need kyc verification before you start using their services

And they also taking some percent of taxes when ever you buy or sell your Bitcoin

kabit9

full member

Activity: 853

Merit: 114

suspect this letter was a follow up to the case of a few kids in Mumbai ordering large quantities of LSD from the dark net using bitcoin. it was all over the media a couple of months ago.

cryptoguy2

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Does anyone know why the hell are they under investigation? I mean what are the allegations? Violation of FEMA or something like that?

bouren

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Yeah! This letter is quite old and basis for many rumors on net about Bitcoin ban or legalization in India. However, I don't feel Zebpay will be in any danger if under investigation because all purchases on Zebpay are channelize through banks giving no possibilities to money laundering and receipts also subjects to PAN card verification.

bitcoinisbest

hero member

Activity: 1218

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I hope things go in the right way because if any found fraudulent then we all know how government would be reacting to this situation and unnecessary everybody else would have to suffer for it.

But since its Zebpay its trustworthy and should come clean on this.

iram3130

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ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀

Quote from: chronicsky on May 09, 2017, 11:11:33 PM

Interesting!

so zebpay gets investigated and obviously will come clean.
good for bitcoin in India Cheesy

As far as I know Zebpay is clean in records and it is a good sign for the Bitcoiners in India but who will show that Zebpay had come clean..?
Media just shows the allegations, in most of the time it doesn't even care who got free properly.

rajasumi3

full member

Activity: 266

Merit: 100

There is investigation in all companies if there is any illegal activities,if there is investigation in zebpay it is good for them as it will be the best for the company and no one will question against them in the near future,and many costumers will get attracted to me if all goes right.

chronicsky

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Just looking for peace

Interesting!

so zebpay gets investigated and obviously will come clean.
good for bitcoin in India Cheesy

Blackshadow007

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Currency Xchanger™

Quote from: Benson Samuel on May 09, 2017, 01:45:19 AM

Quote from: blackowl11 on May 08, 2017, 04:00:20 PM

Quote from: cryptoheadd on May 08, 2017, 03:55:37 PM

This was bound to happen. Zebpay probably has nothing to hide, which is good for us as this will be a step towards regulating Bitcoins.
Coinsecure's next. Wink

Regarding coinsecure, does anyone know why Benson has not visited this forum in last 5 days, being a mod he is generally active here, hope it is not related to this BS.

O.o

Benson Samuel

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Landscaping Bitcoin for India!

Quote from: blackowl11 on May 08, 2017, 04:00:20 PM

Quote from: cryptoheadd on May 08, 2017, 03:55:37 PM

This was bound to happen. Zebpay probably has nothing to hide, which is good for us as this will be a step towards regulating Bitcoins.
Coinsecure's next. Wink

Regarding coinsecure, does anyone know why Benson has not visited this forum in last 5 days, being a mod he is generally active here, hope it is not related to this BS.

O.o

cryptoheadd

hero member

Activity: 1036

Merit: 501

Quote from: Clement Kaliyar on May 08, 2017, 04:42:59 PM

Why would you drag Benson in this issue,he might be busy in real life as he is occupied with his business and life,but i am not a fan with the way the Indian government is moving ,citing Zebpay as illegal bitcoin exchange and how come they could consider that without any investigation,so it looks like they have a prejudgemental approach in this case which is not good.

What are you talking about?

The letter states that they are going to conduct an inquiry to examine the company's service. It's just saying that they are going to investigate Zebpay to see if there's any illegal activity or not.

Clement Kaliyar

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Activity: 1302

Merit: 532

Quote from: blackowl11 on May 08, 2017, 04:00:20 PM

Quote from: cryptoheadd on May 08, 2017, 03:55:37 PM

This was bound to happen. Zebpay probably has nothing to hide, which is good for us as this will be a step towards regulating Bitcoins.
Coinsecure's next. Wink

Regarding coinsecure, does anyone know why Benson has not visited this forum in last 5 days, being a mod he is generally active here, hope it is not related to this BS.

Why would you drag Benson in this issue,he might be busy in real life as he is occupied with his business and life,but i am not a fan with the way the Indian government is moving ,citing Zebpay as illegal bitcoin exchange and how come they could consider that without any investigation,so it looks like they have a prejudgemental approach in this case which is not good.

blackowl11

newbie

Activity: 13

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Quote from: cryptoheadd on May 08, 2017, 03:55:37 PM

This was bound to happen. Zebpay probably has nothing to hide, which is good for us as this will be a step towards regulating Bitcoins.
Coinsecure's next. Wink

Regarding coinsecure, does anyone know why Benson has not visited this forum in last 5 days, being a mod he is generally active here, hope it is not related to this BS.

cryptoheadd

hero member

Activity: 1036

Merit: 501

This was bound to happen. Zebpay probably has nothing to hide, which is good for us as this will be a step towards regulating Bitcoins.
Coinsecure's next. Wink

Johny Depp

full member

Activity: 211

Merit: 125

busting the bastards

Source: https://twitter.com/KiritSomaiya/status/861115693365956609

Topic: Is ZebPay under investigation by Government of India? (Read 2010 times)