Pune police and his conspirators allegedly kidnapped crypto traders on January 14 and demanded that their entire holdings of digital currencies be transferred with an additional £ 8,00,000 in cash. screen
All India Agency France Presse and his conspirators allegedly kidnapped crypto traders on January 14 and demanded that their entire holdings of digital currencies be transferred with an additional £ 8,00,000 in cash. screen
All India Agency France Presse
Pune: The crypto trader was released the next day by a kidnapper.
Mumbai: Police officers charged with kidnapping a local crypto trader and demanding a $ 40 million worth of Bitcoin ransom were arrested along with seven co-conspirators, officials said Wednesday. Dilip Tukaram Khandare learns that Pune’s roommate owns a lucrative Bitcoin wallet and plans to kidnap him.
He and his conspirators kidnap 38-year-old Vinay Naik on January 14, transferring his entire holdings of 300 colors ($ 40 million) worth of digital currencies with an additional £ 8,00,000 in cash. Allegedly requested to do.
Mr. Naik was abruptly let go the next day when the kidnappers realized the police were on their tail, and the perpetrators were detained on Tuesday.
“We have taken eight people including a police constable who planned the abduction into custody,” a senior police officer confirmed to news agency AFP.
Cryptocurrency remains largely unregulated in India despite burgeoning local trading platforms and glitzy celebrity endorsements attracting millions of new traders.
The burgeoning market was banned in 2018 after a surge in fraudulent transactions but restrictions were lifted by the Supreme Court two years later.
The Centre this week announced a 30 percent tax on profits from virtual currencies and the introduction of a “digital rupee” backed by the Reserve Bank of India.