Overview
- Chief Justice Surya Kant and Justices Joymalya Bagchi and N V Anjaria directed the Centre to draft an SOP with the RBI, banks and DoT within four weeks, and pressed for a liberal framework to compensate victims.
- The court flagged bank negligence or collusion in cyber siphoning, asked the CBI to identify digital arrest cases, and sought sanctions from Gujarat and Delhi for federal probes.
- Delhi Police’s Operation CyHawk 3.0 took action against 2,563 persons across more than 10 states and linked cases involving over ₹627 crore, with large seizures and new FIRs.
- Delhi’s Crime Branch arrested three in a high-profile module that routed funds through multiple accounts, with the accused disclosing links to Chinese handlers and sales of USDT to Chinese nationals.
- In a separate case, two men were held in a ‘digital arrest’ scheme tied to at least 190 complaints and transactions exceeding about ₹100 crore, while regional units in Hyderabad, Cyberabad, Mumbai and Gurugram reported arrests, refunds and evidence of insider-enabled mule accounts.