Quote from: Stepstowealth on September 27, 2024, 07:36:12 PM

what do you think the outcome of the case will be?
If proofs of payment are provided but in cryptocurrency, do you think the court will consider it even though transactions are tagged illegal with it? or will the case be thrown out and the owner of the property with the false claim of not receiving the money be allowed to go freely?

So far it seems that I have not heard for sure. But I know that there are some people or stores that accept crypto as a means of payment in my country even though it is banned. My country only allows limited crypto as a commodity asset. So those who accept only know and are silent then ready to accept the risk. If it is in accordance with the applicable law, the violation can be subject to a fine. This fine is divided into 2 for individuals and companies. For individuals, the maximum prison term is 1 year and the maximum fine is $13,198. For companies, the maximum fine is $395,966.

Source: https://bphn.go.id/data/documents/99uu023.pdf (Indonesian Language)