Supreme Court of India in Ajay Bhardwaj v. Union of India & Ors., delivered in a batch of writ petitions seeking anticipatory bail under Article 32 of the Constitution. The Supreme Court declined to entertain writ petitions for the grant of anticipatory bail, holding that the allegations disclosed in multiple FIRsâ”relating to an alleged Bitcoin investment fraud involving Variabletech Pte Ltdâ”clearly warrant investigation. Considering the magnitude of the controversy, the inter-State nature of the offences, and the similarity of allegations across FIRs registered in different States, the Court directed that all FIRs be investigated by a single agency, namely the Central Bureau of Investigation (CBI). ð” Case: Writ Petition (Criminal) No. 231 of 2019 & connected matters ð” Court: S
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