There are numerous reports on bank accounts being closed/blocked due to dealings in bitcoin and other cryptos.
I am hearing about these rumors but i have not seen any users reporting here about account blockage.
There have been few incidents related to hacked accounts. Where FIR was registered against a few peopl because they had received money from those hacked accounts! I don't know about any other incidents about account closure!
This is true, hacked credit cards are used to purchase coins and the accounts that got these amounts are scrutinized and questioned, other than than i have not heard any users complaining about account closure because they are dealing with bitcoin and other crypto.