Indian court says ‘no case’ against CoinDCX founders in impersonation fraud

A Thane court granted bail to CoinDCX co-founders Sumit Surendra Gupta and Niraj Ashok Khandelwal in an impersonation fraud case, with the judge finding no case against them. This legal victory clears the founders of the charges and removes a significant legal overhang for one of India's largest cryptocurrency exchanges.