Karnataka Youth Congress chief Mohammed Nalapad appears before SIT probing Bitcoin scam
Bengaluru, Feb 06 (PTI): Karnataka Pradesh Youth Congress Committee President Mohammed Haris Nalapad appeared before the SIT of the Karnataka CID here on Thursday to take part in the Bitcoin scam probe.
Mohammed and his brother Omar Haris, were questioned in June 2024 too for over two days with regard to the payments made by them for expenses incurred by hacker Srikrishna Ramesh alias Sriki, including his stay at luxury hotels, his travel and other expenses between 2017 and 2018.
Sriki was arrested in November 2020.
Mohammed and Omar are sons of Congress MLA N A Haris, the chairman of the Bangalore Development Authority.
Sources said the SIT is reported to be in the process of finalising two charge sheets in the Bitcoin scam in which police officers have allegedly destroyed evidence and embezzled cryptocurrency.
The SIT began its investigation into the Bitcoin scam in June 2023.
Last year, the SIT filed a charge sheet against Sriki and his accountant Robin Khandelwal in connection with the hacking of Unocoin Technology Pvt Ltd's crypto exchange in Karnataka that occurred on June 23, 2017. This incident resulted in the theft of 60.6 Bitcoins, which were valued at Rs 1.14 crore based on the prevailing rate of Rs 1.67 lakh per Bitcoin at that time.
There is no record of direct financial transactions between the hacker and the Nalapad brothers, including their fund manager. However, the hacker stated to the CID police in 2021, following his arrest for a hacking incident at the Karnataka government's e-procurement portal in July 2019 that resulted in a Rs 11.5 crore heist, that he had made an "investment" of 150 Bitcoin and 1,100 Ethereum with Mohammed after meeting the brothers in 2017.
According to the sources, the statements made by Srikrishna are currently being investigated and verified.
At the time of the hacker's arrest in 2020, the value of one Bitcoin was in the range of $20,000 (around Rs 20 lakh), and it surged to as high as $50,000 (around Rs 50 lakh) by April 2021. The value of one Bitcoin recently hit $1,00,000.
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41 lakh illicit liquor seized, 1.84 lakh arrested in major drive: K'taka Minister tells Assembly
Belagavi (Karnataka) (PTI): The Karnataka Excise Department has conducted a statewide crackdown on illegal liquor trade over the last two years, resulting in arrests and seizures of alcohol, Karnataka Excise Minister R B Timmapur said on Tuesday.
As many as 1,09,017 people were arrested, and seizures included 13.66 lakh litres of liquor and 27.19 lakh litres of beer, he said in a written reply to a starred question by Harihar BJP MLA B P Harish in the Karnataka Assembly.
The Minister said the enforcement drive covered the financial year 2023–24, 2024–25 up to June, and 2025–26 from July to October, targeting unauthorised liquor manufacture, storage, sale and transportation across the State.
"During this period, statewide enforcement drives resulted in a total of 1,84,570 raids against illegal liquor sales,” Timmapur said.
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He noted that 9,179 non-bailable cases and 91,968 bailable and compoundable cases under Section 15(A) of the Karnataka Excise Act, 1965, were registered during the same period.
According to him, there have been no reports indicating that students have become addicted to alcohol due to illegal liquor sales.
The sale of alcohol to minors is strictly prohibited under the Karnataka Excise Act, 1965, and the department has issued periodic instructions to initiate legal action against violators, with strict enforcement and investigation measures in place, the Minister said.
Excise officials are carrying out regular road and night patrols, collecting intelligence, monitoring habitual offenders and conducting raids to identify illicit distillation units, unauthorised liquor outlets and spurious liquor manufacturing centres, he said, adding the department is also enforcing the law to prevent the production, storage, sale and transport of spurious, non-duty-paid and unauthorised liquor.
Regular patrols are being conducted on national and state highways, with suspicious vehicles being subjected to checks.
At the district level, standing committee meetings are held under the chairmanship of Deputy Commissioners, and joint operations are carried out with the police and forest departments to curb excise-related offences.
The department is also conducting awareness programmes through Gram Sabhas and in schools and colleges to educate the public and students about the physical, mental and social health hazards associated with alcohol addiction and substance abuse, Timmapur added.
