Congress seeks SC-monitored SIT probe into Karnataka multi-crore Bitcoin 'scam'
New Delhi, Nov 13: The Congress on Saturday alleged a multi-crore Bitcoin scam and its cover-up by the BJP government in Karnataka and demanded that an independent investigation be conducted into the matter by a Supreme Court-monitored SIT.
Addressing a press conference, Congress general secretary and chief spokesperson Randeep Surjewala posed a set of six questions to the prime minister and asked what was the role of Karnataka Chief Minister Basavaraj Bommai, who was the state's home minister when the scam took place.
He asked why international investigative agencies, including the Interpol, were not informed about the stolen Bitcoins.
"India's biggest ever 'Bitcoin Scam' has been unearthed in Karnataka. Instead of conducting a fair investigation, the BJP government of Karnataka appears to be preoccupied with 'Operation Bitcoin Scam Coverup'," he alleged.
"This is not a money laundering crime alone, this is an international crime. Considering how shoddily and compromised the investigation has been done, I don't think that the ED (Enforcement Directorate) or Karnataka Police can do a fair job. That is why we demand that an SIT (special investigation team) should be set up and monitored by the Supreme Court which should investigate this case and bring out the truth," the Congress leader said.
Surjewala also questioned the silence of Prime Minister Narendra Modi in the case and claimed that the prime minister was told by the FBI about it during his recent visit to the US.
"It is a multi-country investigation and the truth must come out. The government is either colluding or is working shoddily in the investigation.... There are doubts being raised on the reputation of Basavaraj Bommai and his political career and reputation are at stake and that is why he should write to the government for constituting an SIT monitored by the SC to probe this," he said.
Surjewala, along with party spokesperson Gourav Vallabh, alleged that an alleged hacker, Sri Krishna, was arrested along with his associate Robin Khandelwal by the Karnataka Police on November 14 last year and was kept in police custody for over 100 days by repeatedly arresting him in at least five criminal cases registered one after the other. He was released on bail on April 17 this year.
He alleged that Sri Krishna made a voluntary statement before the Metropolitan Magistrate, Bengaluru, sometime in December 2020, wherein he has allegedly given the names of various foreign companies/portals which were hacked by him, and millions of dollars earned illegally.
The Congress leaders also alleged that Sri Krishna was involved in alleged hacking of Bitcoin/Cryptocurrency exchanges and websites that includes from Bitfinex, registered in noted tax haven, the British Virgin Islands and reports suggest that it was hacked on August 2, 2016 and 1,20,000 bitcoins were stolen. However, in his voluntary statement, he admits to having taken 2000 Bitcoins.
He said 'Whale Alert' is a Twitter account which tracks large scale cryptocurrency transactions and it reflects that on December 1, 2020, and on April 14, 2021, Bitcoins from the 2016 hack of Bitfinex Bitcoin exchange were transferred and its value comes out to be USD 704.8 million USD (equivalent to Rs 5,240 crore).
"Despite multiple international crimes of significant magnitude, Interpol was not informed for over five months. Only on April 24, 2021, more than five months after the initial arrest, did the Commissioner of Police, Bengaluru wrote to Interpol Liaison Officer (CBI) asking to inform Interpol and other agencies. Even ED/CBI/SFIO were not informed by the Karnataka's BJP government," Surjewala said, adding that Bommai was the state's home minister between August 20, 2019, to July 28, 2021.
"Should the then Home Minister Basavaraj Bommai be punished for not taking action in the case," he asked, alleging that the fraud happened under his watch and when the accused was kept in custody.
"Who are the actors in the Bitcoin Coverup Scam ? Were the stolen bitcoins transferred from the wallet of alleged hacker Sri Krishna? How many bitcoins and of what value? How does the Bengaluru police then suggest (in its third Panchnama dated 22nd January 2021) that the 31 and 186 Bitcoins allegedly transferred to police wallet were lost or were found to be fake transactions," he asked.
He also asked what was the role and responsibility of Bommai and others in the state government.
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Real Madrid fines Valverde and Tchouaméni half a million euros each for altercation
Barcelona (AP): Real Madrid slapped players Federico Valverde and Aurélien Tchouaméni with half-a-million-euro ($588,000) fines on Friday for their altercation during practice.
The massive fines came a day after the midfielders tussled when the team trained. Valverde said in a post on social media on Thursday that no punches were thrown. But Valverde knocked his head on a table and he suffered a small cut that required a brief hospital visit.
On social media, Valverde initially called it a “meaningless fight” with a teammate and said “everything has been blown out of proportion."
His employers, however, considered it a significant enough breach of team discipline to nail both Valverde and Tchouaméni with fines that bite even the bank account of a top soccer player. The half-a-million euro penalties reflect the reputational damage the club was enduring in a chaotic end to a disappointing season.
In a statement, the 15-time European champion said its disciplinary action was concluded after both players expressed to the club “their complete remorse for what happened and apologized to one another.”
Madrid added they also apologized to their teammates, the coaching staff and club supporters, as well as showing their willingness to accept whatever disciplinary action the club deemed “opportune.”
Tchouaméni was back training with Madrid on Friday, two days before they play at Barcelona in a clasico. Madrid has to win otherwise Barcelona will be crowned La Liga champion.
After being notified of the fine, he posted a public apology to the club and its fans on social media.
“What happened this week in training is unacceptable,” Tchouaméni wrote. "I say this while thinking about the example we are expected to set for young people, whether in football or at school.
“Above all, I am sorry for the image we projected of the club.”
Valverde was not at practice due to the head knock.
Both players are set to play in the World Cup next month, with Tchouaméni playing for France and Valverde for Uruguay.
Chaotic end to a poor season
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The run-in between the players, who for seasons have played side by side in Madrid's midfield, came after they argued this week in previous training sessions. But tempers boiled over on Thursday. Spanish media was rife with reports that the players previously disagreed over the club's decision to let coach Xabi Alonso go after just months on the job.
It was not the only altercation involving Madrid players during training this week. Álvaro Carreras confirmed he was in a “minor” incident with a teammate. Spanish media said he and fellow defender Antonio Rüdiger got into a scuffle.
Álvaro Arbeloa, the coach who was promoted from Madrid's reserve team when Alonso was fired in January, will face tough questions on what went wrong inside the changing room when he gives a press conference on Saturday ahead of the clasico at Camp Nou.
Madrid is facing a second consecutive campaign without a major trophy amid rumors in the Spanish media that club president Florentino Pérez is considering bringing back Jose Mourinho to straighten out his underperforming team.
