Karnataka High Court Seeks State’s Response On Digital Gold Platform’s Plea Against ‘Blanket’ Account Freeze Affecting Customer Redemptions

The Karnataka High Court on Thursday (July 23) sought the State’s response on a plea by digital gold platform Jar Gold Retail Private Limited and its parent company Changejar Technologies Private Limited, challenging the CID’s ‘blanket’ debit-freeze of their bank accounts, contending that it has affected customers seeking redemption of their digital gold holdings.While the single judge bench…