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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India look to protect home ODI record as NZ eye historic first series win
Indore (PTI): India's absolute dominance at home will come under examination when they meet a determined New Zealand in the decisive third ODI at the high-scoring Holkar Stadium here on Sunday, with the three-match series locked at 1-1.
India have not lost a bilateral ODI series at home since March 2019, when Australia overturned a 0-2 deficit to win 3–2, including the decider in Delhi. But that history is now firmly on the line.
For New Zealand, the context is equally compelling.
The Black Caps have toured India for bilateral ODIs since 1989 but have never won a series in India and this is arguably their best opportunity to break that barren run.
India head coach Gautam Gambhir would not like another tumbling at home under his regime after getting a number of unwanted firsts. India lost five Tests at home under Gambhir apart from losing an ODI series in Sri Lanka for the first time.
India's defeat in the second ODI at Rajkot was shaped less by one extraordinary innings than by how New Zealand seized control of the middle overs.
Daryl Mitchell's unbeaten century was built on calculated aggression, particularly against spin, an area where India have been struggling of late.
Indore, with its short boundaries and minimal assistance for bowlers, offers even less margin for error.
India's ability to tackle spin has raised questions. Despite depth and power, the side has continued to show discomfort against spin in the middle overs. Strike rotation has stalled at key phases, forcing batters into high-risk options rather than controlled accumulation.
On a ground where totals can quickly spiral beyond 350, those quiet overs can decisively tilt the momentum.
Will there be a RoKo show
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Much of the spotlight will be on Rohit Sharma, who is enduring a lean run in this series. His ultra-aggressive approach at the top has been a defining feature of India's recent ODI philosophy, but repeated early dismissals has added a bit of pressure.
Virat Kohli, meanwhile, remains the fulcrum around which India’s ODI batting revolves. With India’s next 50-over assignment for senior players likely to come in July during the tour of England, the fans would hope for another RoKo show.
Selection balance
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The choice between Nitish Kumar Reddy and Ayush Badoni is effectively a debate between depth and control.
Reddy adds seam-bowling insurance, though used sparingly, and late-innings power, while Badoni offers a tighter technique against spin and composure in the middle overs.
The case for including left-arm pacer Arshdeep Singh also gains weight at Indore, where variations rather than raw pace often determines success.
Arshdeep’s ability to swing the new ball, attack the stumps and execute yorkers at the death offers India a different tactical dimension, particularly against New Zealand’s largely right-handed top and middle-order.
His inclusion would also reduce the burden on the spinners in the middle and late phases, allowing India to rely more on pace-off deliveries, wide yorkers and hard lengths — methods better suited at Holkar Stadium than spin.
The challenge lies in whom he replaces. Mohammed Siraj’s new-ball role makes him difficult to leave out. The most likely trade-off would be a spinner or a seam-bowling all-rounder, depending on conditions and batting depth.
KL Rahul's role is one area where clarity already exists. His returns at number five underline the value of keeping him in that position rather than pushing him down to six, where his ability to manage tempo and rebuild under pressure is diluted.
New Zealand has oodles of confidence and clarity. Mitchell's dominance, supported by Devon Conway, has reflected the Black Caps' ability to identify match-ups and execute without overreach.
Their bowlers, though lacking headline names, have used variations and hard lengths effectively in conditions offering little natural assistance.
At a venue where bowlers are often reduced to do damage control, the contest is likely to hinge as much on decision-making as it is on skill.
For Shubman Gill and his side, the challenge is not just to win a series, but to demonstrate tactical flexibility and situational awareness — traits that define successful teams when margins are thin and pressure is real.
Teams (from): India: Shubman Gill (c), Yashasvi Jaiswal, Virat Kohli, Rohit Sharma, KL Rahul (wk), Dhruv Jurel (wk), Ravindra Jadeja, Nitish Kumar Reddy, Ayush Badoni, Kuldeep Yadav, Arshdeep Singh, Prasidh Krishna, Mohammed Siraj, Harshit Rana.
New Zealand: Michael Bracewell (c), Devon Conway (wk), Mitchell Hay (wk), Nick Kelly, Henry Nicholls, Will Young, Josh Clarkson, Zak Foulkes, Daryl Mitchell, Glenn Phillips, Adithya Ashok, Kristian Clarke, Kyle Jamieson, Jayden Lennox, Michael Rae.
Match starts at 1:30pm IST.
