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Market News

Karnataka Police Investigate Hacker Sriki’s Custody Access

The Special Investigation Team (SIT) has requested the cancellation of the previously granted bail for the hacker and his associates.

Written By Dishita Malvania
Published 2023-12-11
Make The Crypto Times preferred on GoogleGoogle
Karnataka Police Investigate Hacker Sriki’s Custody Access

A special investigative team from the Karnataka police is examining a Bitcoin scam linked to suspected corruption by police officers and politicians. 

They are investigating whether an international hacker named Srikrishna Ramesh, also known as Sriki, who was arrested in 2020, had access to electronic devices while in prison.

The team is looking into whether Sriki, transferred cryptocurrency he possessed to bribe police officials and others during his 82-day police custody and later during judicial custody, as he has claimed. Sriki was apprehended by the Bengaluru crime branch police.

After the Congress government assumed power, they established the Special Investigation Team (SIT) under the Criminal Investigation Department. This team is currently searching for electronic devices that the arrested hacker allegedly accessed while in police and judicial custody, according to sources.

The Special Investigation Team (SIT) has requested the cancellation of the previously granted bail for the hacker and his associates. This is to aid ongoing investigations, including verifying the hacker’s assertion of transferring cryptocurrency to police officials. The court has not yet decided on the SIT’s request.

Also Read: Indian Police Found Crypto Links in the Drugs in Parcel Scam

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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