[vellasib]

I feel sorry for this guy.

I've bought bitcoins from him in the past and I think he was doing a good job, at least for ensuring that his services are not used for money laundering.

ID and address verification documents were needed and a copy of the PAN Card was also taken.

Since all payments are made via bank accounts, It won't be difficult for ED to list out the bitcoin traders even if they were not collecting this information. I wonder how the website's users would be impacted.

[rikacomet]

he is not arrested, he is under investigation. As you said, he documented all things, than, if there are no descrepencies, he would be allowed to function normally.

[spada]

Do you honestly believe that's how things work in India?