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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UAE denies Netanyahu secretly visited the country during Iran war
Jerusalem (AP): Israeli Prime Minister Benjamin Netanyahu secretly visited the United Arab Emirates during the Israeli-US war with Iran, further strengthening ties with a Gulf nation that normalised relations with Israel in 2020, his office said Wednesday. The UAE denied any secret visit had occurred.
Netanyahu met with UAE President Sheikh Mohammed bin Zayed Al Nahyan in a gathering that “resulted in a historic breakthrough in relations between Israel and the United Arab Emirates", according to the Israeli statement.
THE UAE's official WAM news agency posted an article denying the report about a Netanyahu visit.
According to WAM, the country's relations with Israel “are public and conducted within the framework of the well-known and officially declared Abraham Accords, and are not based on non-transparent or unofficial arrangements”.
The report also denied any Israeli military delegation was received in the UAE.
Israel's announcement came a day after US Ambassador to Israel Mike Huckabee revealed that Israel had sent Iron Dome air-defence weapons and personnel to operate them to the UAE.
The UAE has faced Iranian missile and drone fire even after the ceasefire was reached last month. It has been trying to signal to nervous investors that it remains open for business and safe.
Last week, WAM reported that Netanyahu was among the leaders who called the Emirati president to condemn Iranian attacks and express their solidarity with the Gulf federation.
It was rare public acknowledgment of direct talks between the countries that normalized relations in the 2020 Abraham Accords and have strengthened their ties during the Iran war.
Iran has criticised that agreement and has repeatedly suggested over the years that Israel maintained a military and intelligence presence in the Emirates.
Israeli leaders have made occasional visits to the UAE in recent years after normalising relations.
Iran demands Kuwait release detainees
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Iran's foreign minister accused Kuwait of attempting to “sow discord” by detaining four Iranians that the Gulf Arab country accuses of being Revolutionary Guard operatives.
In a post Wednesday on X, Foreign Minister Abbas Araghchi demanded the Iranians' immediate release and said Iran reserved the right to respond.
“This illegal act took place near an island used by the US to attack Iran,” Araghchi wrote.
A day earlier, Kuwait said four men were detained and two escaped while trying to infiltrate Bubiyan Island in the northwest corner of the Persian Gulf on May 1.
Bubiyan Island is home to Mubarak Al Kabeer Port, which is under construction as part of a Chinese plan to build infrastructure across the world. It also came under Iranian attack during the war.
Iranian human rights lawyer released
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Prominent Iranian human rights lawyer Nasrin Sotoudeh has been released from prison more than a month after being detained, a rights group and her daughter said Wednesday.
Sotoudeh, who is known for defending activists, opposition politicians and women prosecuted for removing their headscarves, was detained by Iranian intelligence agents at her house in Tehran in April.
Her release comes as US President Donald Trump arrived in China for a long-anticipated visit that is expected to touch on the war in Iran.
The US-based Human Rights Activists News Agency, which closely tracks developments in Iran, said that Sotoudeh was released on bail from Tehran's Evin Prison.
Her daughter, Mehraveh Khandan, posted on social media that Sotoudeh was released on temporary custody. Iran's semiofficial ISNA news agency also reported Sotoudeh release.
Sotoudeh has been imprisoned multiple times. Her activist husband, Reza Khandan, has been imprisoned in the same prison as his wife.
Nobel Peace laureate needs long-term care
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Doctors who examined Nobel Peace laureate and activist Narges Mohammadi more than a week after she collapsed at a prison in Iran said she needs months of treatment, according to her foundation.
Mohammadi, 53, was urgently transferred from prison to a hospital in northwestern Iran on May 1 after she fell unconscious. She was released on bail nearly 10 days later and transferred to a hospital in Tehran where her specialists examined her.
The doctors said her vascular disease has worsened since she was last checked in 2024 and recommended eight months of treatment.
She was awarded the Nobel in 2023 while in prison and has been jailed repeatedly throughout her career. Her latest imprisonment began in December when she was arrested in the northeastern Iranian city of Mashhad.
