Bengaluru, Nov 13 : The Karnataka Police, facing criticism in the backdrop of the Bitcoin scandal by the opposition Congress, on Saturday released a detailed four-page press note, refuting all allegations.Bengaluru, Nov 13, : , The Karnataka Police was facing criticism against the background of the Bitcoin scandal.On Saturday, the Karnataka Police released a four-page press release, which refuted all allegations.Congress leader Rahul Gandhi has spoken on the Bitcoin scandal and party spokesperson Randeep Singh Surjewala held a press conference in Delhi to charge the ruling BJP in Karnataka, and also targetted Prime Minister Narendra Modi.
Congress leader Rahul Gandhi spoke out on the Bitcoin scandal.Randeep Singh Surjewala, party spokesperson, held a press conference at Delhi to accuse the ruling BJP of Karnataka and also targeted Prime Minister Narendra Modi.
The Congress is also demanding a probe by a sitting judge of the Supreme Court.The Congress also demands an investigation by a Supreme Court judge who is currently in office.
Bengaluru Police Commissioner Kamal Pant has stated the claim made on ‘Whale Alert’ that 14,682 stolen Bitfinex Bitcoins were transferred is completely unsubstantiated, adding there is nothing to suggest that it originated from Bangalore.Kamal Pant, Bengaluru Police Commissioner, stated that the claim that 14682 Bitfinex Bitcoins had been stolen was completely unsubstantiated.
He also said that there is no evidence that it originated in Bangalore.
“Since distorted reports are appearing in the media about the Bitcoin case, it is stated that investigation conducted by CCB has been done in a fair and professional manner,” he said.He stated, “Since distorted stories are appearing in media about the Bitcoin Case, it is stated by CCB that the investigation was done in a fair-and professional manner.”
“The law enforcement system and investigating agencies work on certain procedures laid down by law of the land.”The law enforcement system, and the investigating agencies, work according to certain procedures set forth by law.They cannot act on unconfirmed, unknown social media handles and inputs,” he underlined.He stressed that they cannot act on unknown, unconfirmed social media handles or inputs.
“It is a matter of fact that even though the arrest of the said accused attained wide media publicity, till date no foreign law enforcement agencies nor any foreign companies have approached the Bengaluru Police about any hacking, as claimed by the accused,” the police officer said.
According to the officer, “It is a fact that although the arrest of the accused received wide media attention, no foreign law enforcement agencies or foreign companies have yet approached Bengaluru Police regarding any hacking,” he said.
He further stated that such misleading versions are being floated based on incomplete and distorted facts.He stated further that misleading versions of the facts are being circulated on the basis of incomplete and distorted information.“All such versions are vehemently denied.”.”All such versions of the truth are strongly denied.”
Hence the facts related to the case are being clarified as under it is stated that on November 4, based on the credible information regarding a drug consignment procured through darknet, CCB Police secured one accused and seized 500 grams of Hydro Ganja.The facts of the case are being clarified.
According to it, CCB Police seized 500 grams Hydro Ganja on November 4th, based on credible information about a drug consignment purchased through darknet.
In this regard, a case was registered at KG Nagar police station under NDPS Act.A case was opened at KG Nagar Police Station under the NDPS Act.During further investigation, 10 other accused persons including Srikrishna a.k.a Srikhi were secured and arrested.Further investigation led to the arrest of 10 more suspects, including Srikrishna, a.k.a Srikhi.
During the interrogation of accused Srikrishna, he confessed before the investigation officer about his involvement in alleged hacking of many Crypto Currency Websites.
During interrogation, Srikrishna confessed to the investigator about his involvement with hacking many Crypto Currency Websites.
Since a cognizable offence was made out, a complaint was registered.
A complaint was filed after a cognizable offense was established.It is stated that neither any Bitcoins were transferred from the account of hacker Srikrishna, nor any Bitcoin was lost.
According to the complaint, neither Bitcoins were transferred from Srikrishna’s account nor was any Bitcoin lost.
During the process of identifying and seizure of Bitcoins, accused Srikrishna showed a BTC wallet, which contained 31.8 BTC.During the identification and seizure Bitcoins, accused Srikrishna displayed a BTC wallet that contained 31.8 BTC.
Subsequently, court permission was obtained to use the password to transfer the said Bitcoins to the police wallet account.The court granted permission to use the password to transfer said Bitcoins to the account of the police department.Upon reaching the said wallet shown by the accused Srikrishna, it showed 186.811 Bitcoins.The accused Srikrishna showed the wallet and it contained 186.811 bitcoins.
On enquiry, cyber experts opined that the said account claimed by accused as his personal account, was in fact a live wallet of an exchange and accused did not have private key for this.
Cyber experts concluded that the accused claimed the account as his personal one, but it was a live wallet for an exchange.The accused didn’t have a private key to access this.
Hence, the said account was left untouched and as a result, no Bitcoins were transferred to the police wallet.Accordingly, the account was not accessed and no bitcoins were transferred to the police bank account.
The case has been charged along with the above facts and related documents and is now sub judice.This case, along with all the related documents, has been filed and is currently under judice.
The accused during his voluntary statement had made a series of claims of high volume hacking of websites, without any specific details.During his voluntary statement, the accused claimed that he had hacked websites in large numbers.However, he did not provide any details.Therefore, a preliminary investigation was conducted to ascertain the veracity of claims made by him.To verify the validity of his claims, a preliminary investigation took place.
Careful examination of digital evidence by the cyber experts revealed that the majority of his claims were unsubstantiated.
The cyber experts carefully examined digital evidence and found that most of his claims were not supported.This procedure took time and only after a report was sent to Interpol for further need full at their end, the police said.
The process took some time, and Interpol was notified #Ktaka #discredit #Bitcoin #scandal #Delhi #Bangalore #Kannada #Bengaluru
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