Bitcoin Bandit: Inmate Pulls Off Daring $1.2 Million Bitcoin Heist From Behind Bars | Bitcoinist.com
Notorious hacker Sriki has been accused of orchestrating a Bitcoin (BTC) scam from a quarantine cell in India's Parappana Agrahara prison....
- Srikrishna Ramesh (Sriki), a notorious hacker, has been accused of orchestrating a Bitcoin scam from a quarantine cell in India's Parappana Agrahara prison.
- The scam involved the transfer of Bitcoin worth ₹10 crore or $1.2 million to different wallets using a smuggled laptop.
- The Special Investigation Team (SIT) of the Criminal Investigation Department is conducting a high-profile investigation into the incident, which has revealed alleged bribery, money laundering, and evidence tampering.
- Sriki was initially arrested for drug procurement via the DarkNet but further investigation uncovered his involvement in hacking activities.
- The SIT suspects that the laundered money may have been circulated within India through an undisclosed network and is actively working to uncover this network and trace the flow of funds.
- The recovery of the smuggled device is crucial for retrieving evidence related to the Bitcoin scam.
- Three senior officers are scheduled to be questioned regarding irregularities in the handling of Sriki's case and allegations of evidence tampering.
- The investigation highlights the seriousness of the situation, with allegations of bribery, money laundering, and evidence tampering.
The article describes a Bitcoin scam orchestrated by a notorious hacker from inside a quarantine cell in an Indian prison. It highlights the seriousness of the situation, with allegations of bribery, money laundering, and evidence tampering. The sentiment is negative due to the criminal activities involved.