On Friday, the Calcutta High Court granted bail to Sourav Kar and Dhiman Bhattacharjee, two of the three individuals accused in a cryptocurrency case involving transactions exceeding ₹50 crore, with alleged connections to China. Justice Chaitali Chatterjee (Das) ruled in favor of bail, citing the remote possibility of a timely trial conclusion. The two men had been in custody for more than a year and eight months, during which only three out of 29 witnesses were examined. The court also considered that a co-accused had already received bail, which contributed to its decision. Kar and Bhattacharjee were released on a ₹30,000 bond, requiring two sureties of the same amount, one of which must be local. They are mandated to appear before the trial court on all hearing dates until further notice and are prohibited from intimidating witnesses, tampering with evidence, or committing any cognizable offenses. This case highlights ongoing legal challenges surrounding cryptocurrency transactions in India.