Bitcoin hackers booked under Karnataka Control of Organised Crime Act
Bengaluru: The Special Investigation Team probing the bitcoin scam has booked hackers Srikrishna alias Sriki and Robin Khandelwal under the Karnataka Control of Organised Crime Act (KCOCA).
Sriki was arrested by the Tumakuru police after his role was found in stealing 62 bitcoins worth Rs 32 crore on May 8. Rs 32 crore worth bitcoin transactions took place in Tumakuru.
In a statement, the Criminal Investigation Team said that since Sriki and Khandelwal were involved in many such cases, it has been decided that they should be booked under section-3 of the KCOCA.
The bitcoin scam had surfaced during the previous BJP regime in 2021, and the Congress then in the opposition had accused the government of trying to cover up the scandal as it involved big names.
The prime suspect Sriki was accused of hacking the state government's e-procurement site and siphoning off over Rs 11.5 crore. There were also charges of cryptocurrency theft, drug peddling and cyber fraud relating to the case.
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Essar Group co-founder Shashi Ruia dies at 80
New Delhi (PTI): Essar Group co-founder Shashi Ruia has died after a prolonged illness. He was 80.
Ruia, who co-founded metals-to-technology conglomerate Essar with his brother Ravi, died in Mumbai around 23.55 hrs on November 25, family sources said.
He had returned from the US, where he was undergoing treatment, about a month back.
His mortal remains will be kept at Ruia House from 1 pm to 3 pm on Tuesday. The funeral procession will leave from Ruia House at 4 pm towards the Hindu Worli Crematorium.
Shashi, a first-generation entrepreneur industrialist, started his career in 1965 under the guidance of his father Nand Kishore Ruia.
He, along with his brother Ravi, laid the foundation of Essar in 1969 by constructing an outer breakwater at Chennai Port. The group expanded into various sectors, including steel, oil refining, exploration and production, telecom, power, and construction.
He is survived by his wife Manju and two sons Prashant and Anshuman.
