Techie 'steals Rs 56 cr worth of cryptocurrency' from B'luru-based cryptocurrency management company
Bengaluru: Karnataka’s Criminal Investigation Department (CID) recently arrested a tech nerd, who was on the run for two years, on charges of cryptocurrency fraud. However, a court has released him on bail.
The accused, Shubhang Jain, a native of Haryana, allegedly stole Rs 56 crore worth of cryptocurrency while working as a software developer at Cipher Technologies, headquartered in Rajajinagar in Bengaluru, between May 2021 and April 2022, as reported by Deccan Herald.
CID sources revealed to the publication that Jain’s role dealt with market analyst and finance, providing him with access to the private crypto wallets owned by the company. The stolen assets reportedly included Bitcoin, Binance, and Tether.
In April 2022, Cipher Technologies found the cryptocurrency theft during an audit and filed a complaint at a police station. The case was then transferred to the CID.
An officer told DH that tracking Jain was highly challenging as he hardly stayed in one place and did not have a fixed phone number. Known for staying only in luxury hotels and living lavishly, Jain was eventually tracked down in Navi Mumbai.
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Maharashtra Congress chief Patole meets Kharge, dismisses resignation talk as 'rumours'
New Delhi, Nov 25: Maharashtra Congress chief Nana Patole on Monday dismissed as "rumours" talk of his resignation following the assembly polls debacle and stressed on "collective accountability" for the defeat.
Patole made the remarks after meeting Congress president Mallikarjun Kharge during which he conveyed that the result had not reflected the sentiments of the people of Maharashtra.
"Mallikarjun Kharge, Rahul Gandhi, Priyanka Gandhi and other national and state leaders were leading Maha Vikas Aghadi (MVA) from the forefront during the assembly polls. So, we were sure that the trends were in favour of Maha Vikas Aghadi, even the citizens believed that," the Maharashtra Congress chief said.
"If I talk about Nanded, the Lok Sabha bypolls and assembly elections were held on the same day. In Lok Sabha bypolls, our candidate was winning in six assembly seats, whereas, in the assembly elections, we are not winning even a single seat," he said, adding that there cannot be such a "huge difference".
This is the sentiment among the people also and they have stated that this government in Maharashtra was not being formed on their votes, he claimed.
"So, I spoke to Mallikarjun Kharge on this," he added.
Asked whether he had offered to resign or the party had asked for his resignation after the Maharashtra assembly polls defeat, Patole said, "These are all rumours and there is no truth in them. There is collective accountability."
Patole also said he will meet Rahul Gandhi in a day or two and discuss all issues.
"Democracy is being finished. We have discussed that... there was no talk of resignation," he said.
The MVA alliance, comprising the Congress, NCP (Sharadchandra Pawar) and Shiv Sena (UBT), was restrained to 46 seats by the Mahayuti that reaped a rich harvest of 230 seats in the 288-member House.
