Man arrested in Rs 384 cr crypto fraud case in Bengaluru
Bengaluru, Jul 30 (PTI): A 28-year-old man has been arrested in connection with an alleged cyber fraud at a city-based cryptocurrency trading platform that resulted in a loss of around Rs 384 crore, police said on Wednesday.
According to police, Hardeep Singh, vice-president (public policy and government affairs) at Neblio Technologies Private Limited, lodged a complaint stating that an unknown individual hacked into the company’s crypto wallet on July 19 and transferred cryptocurrency worth USD 44 million (approximately Rs 384 crore) to an unknown wallet.
The assets were then moved across six other unidentified wallets, police added.
The arrested person, identified as Rahul Agarwal, an employee of the company, has been taken into custody for further interrogation, a senior police officer said.
In the FIR, Singh stated that the company’s internal investigation revealed Agarwal’s laptop had been compromised.
During questioning, Agarwal reportedly admitted to holding a part-time job for the past year, from which he had earned approximately Rs 15 lakh.
He also confessed to using the company-issued laptop for the part-time job, which Singh alleged was a violation of company policy.
"It is suspected that he (Agarwal) may have colluded with the unknown accused and carried out the hacking," Singh alleged in the complaint.
When contacted, a company official declined to comment, stating that the matter is under investigation.
Based on the complaint, a case was registered on July 22 at the Whitefield CEN police station under relevant sections of the Information Technology Act and the Bharatiya Nyaya Sanhita, including charges of theft, criminal breach of trust, and cheating by personation.
"We have arrested the suspect. He is being interrogated. The company has reported a loss of approximately Rs 384 crore due to the hack," police added.
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VHP slams Karnataka minister Priyank Kharge for 'money laundering' comment on RSS
Nagpur (PTI): The Vishva Hindu Parishad on Monday slammed Karnataka Congress minister Priyank Kharge for linking the Rashtriya Swayamsevak Sangh to money laundering and asserted such statements were part of a strategy to insult patriotic organisations and defame patriots.
Kharge, while speaking at an event in Bengaluru on Sunday, cited the RSS' "network of more than 2,500 organisations, they are from America, England" to allege "these people are into money laundering".
Addressing a press conference here, VHP national organisational secretary Milind Parande said such statements will reduce the acceptance in society of those making them.
"They are trying to increase their credibility and trying to indulge in appeasement (with such remarks), both of which will not succeed. There are many forces and persons in India who have a problem with the awakening of Hindutva. They are coming up with such nonsense. Using such words and insulting patriotic organisations shows their intellectual bankruptcy," he said.
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"It will reduce their acceptance in society. What he (Kharge) said is absolutely false and even they know it. But they do it as a strategy to defame patriots. The people of Karnataka must think whether such people should be brought back to power. Hence, the VHP always asserts those who believe in the interests of Hindus must be in power at the Centre and in the states," Parande added.
Asked about the BNP winning polls in Bangladesh and whether it will improve the conditions of the Hindus there, Parande said it is expected that the community is protected irrespective of who is in power. So far, people there have been incapable of protecting Hindus, he said in reference to attacks on the community since the Sheikh Hasina government fell following an uprising in August 2024.
Asserting that most of the violence has been sponsored by political parties, Parande said, "The Hindu community is in a very dangerous situation in Bangladesh."
He also refused to comment on the face-off between the Uttar Pradesh government and Swami Avimukteshwaranand during Magh Mela festivities in Prayagraj. A controversy erupted on Mauni Amavasya morning at the Sangam Nose when police, citing heavy crowd pressure, allegedly stopped the seer from proceeding to the Sangam in a palanquin along with a large number of supporters.
The VHP as a practice does not give a statement on disputes between saints as it would not be appropriate, Parande said.
Without taking the name of Maharashtra Congress chief Harshwardhan Sapkal, the VHP leader said it was surprising anyone from the state can make such a remark about Chhatrapati Shivaji Maharaj. The Congress leader has courted controversy by equating 18th Mysuru ruler Tipu Sultan with the founder of the Maratha Empire.
On some persons sprinkling cow urine to purify a temple in Chhatrapati Sambhajinagar following the visit of Muslim Shiv Sena MLA Abdul Sattar in Sillod on Mahashivratri on Sunday, Parande said places of worship must be visited by those who have faith.
Without genuine sentiment, it becomes a mere political stunt, he said.
"Religion should never be exploited for political gain, as that insults faith," Parande said while not commenting on the 'purification' episode linked to the incident.
