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The Karnataka government led by the Congress had ordered the formation of a Special Investigation Team (SIT) to probe alleged Bitcoin scam that took place during the previous Bhartiya Janata Party (BJP)'s rule in the state.

The Karnataka government led by the Congress had ordered the formation of a Special Investigation Team (SIT) to probe alleged Bitcoin scam that took place during the previous Bhartiya Janata Party (BJP)'s rule in the state.

Karnataka Government orders an SIT probe into Bitcoin scam. Bengaluru Commissioner B Dayananda had asked the Government to order a CID probe into the matter. ADGP Manish Karbikar to head the probe", Karnataka Home Minister Dr G Parameshwara told ANI on Monday. The Congress Party has said many BJP leaders are involved in the case.

Karnataka Government orders an SIT probe into Bitcoin scam. Bengaluru Commissioner B Dayananda had asked the Government to order a CID probe into the matter. ADGP Manish Karbikar to head the probe", Karnataka Home Minister Dr G Parameshwara told ANI on Monday. The Congress Party has said many BJP leaders are involved in the case.

The Congress government in Karnataka had last week said it will get the Bitcoin scam that took place during the previous BJP government thoroughly investigated.

The Congress government in Karnataka had last week said it will get the Bitcoin scam that took place during the previous BJP government thoroughly investigated.

Karnataka Chief Minister Siddaramaiah had said all irregularities and scams of the BJP government including the Bitcoin scam will be probed.

Karnataka Chief Minister Siddaramaiah had said all irregularities and scams of the BJP government including the Bitcoin scam will be probed.

After the Karnataka Government's official statement AICC president Mallikarjun Kharge's son and Karnataka Government minister Priyank Kharge said, As I said, STF, SIT, judicial inquiries and departmental inquiries will happen. We already formed Kalyana Karnataka Region Development Board...SIT, bitcoin...it's just a matter of time. We came to power a month back and already 2-3 investigations are going on, including in my own department. We will ensure that people get justice for all the injustice that happened in the previous regime"

After the Karnataka Government's official statement AICC president Mallikarjun Kharge's son and Karnataka Government minister Priyank Kharge said, As I said, STF, SIT, judicial inquiries and departmental inquiries will happen. We already formed Kalyana Karnataka Region Development Board...SIT, bitcoin...it's just a matter of time. We came to power a month back and already 2-3 investigations are going on, including in my own department. We will ensure that people get justice for all the injustice that happened in the previous regime"

Srikrishna, aka Sriki, was arrested by the Central Crime Branch (CCB) police on November 18, 2020, in a drug peddling case. He had allegedly bought drugs from international dealers using bitcoins on the dark web. In the interrogation that followed, CCB found that the software engineer turned hacker was also involved in a series of online crimes, reported Hindustan Times.

Srikrishna, aka Sriki, was arrested by the Central Crime Branch (CCB) police on November 18, 2020, in a drug peddling case. He had allegedly bought drugs from international dealers using bitcoins on the dark web. In the interrogation that followed, CCB found that the software engineer turned hacker was also involved in a series of online crimes, reported Hindustan Times.

He allegedly hacked into websites to steal their data and locked the owners out of it. He would then demand payment in bitcoins to unlock the websites. He also confessed to creating mirror sites, or fake payment portals that mimicked real ones, to steal credit or debit card information to steal money.

He allegedly hacked into websites to steal their data and locked the owners out of it. He would then demand payment in bitcoins to unlock the websites. He also confessed to creating mirror sites, or fake payment portals that mimicked real ones, to steal credit or debit card information to steal money.

The police also said that he agreed to steal Rs. 11.5 crore from the e-procurement cell of the Karnataka e-governance centre, apart from hacking into some Bitcoin exchanges. Sriki, who has been projected as the kingpin, was arrested after he fell into the police radar for his lavish lifestyle.

The police also said that he agreed to steal Rs. 11.5 crore from the e-procurement cell of the Karnataka e-governance centre, apart from hacking into some Bitcoin exchanges. Sriki, who has been projected as the kingpin, was arrested after he fell into the police radar for his lavish lifestyle.

He would allegedly stay in five-star hotels and dine and drink with his team. Sriki's associates alleged that he would hack into poker websites and also the platform for trading bitcoin.

He would allegedly stay in five-star hotels and dine and drink with his team. Sriki's associates alleged that he would hack into poker websites and also the platform for trading bitcoin.

Then chief minister Basavaraj Bommai had denied allegation by Congress and said that fair investigation was going on in the bitcin scam.

Then chief minister Basavaraj Bommai had denied allegation by Congress and said that fair investigation was going on in the bitcin scam.

However, the Congress has alleged that several state BJP ministers are also involved in the bitcoin scam. Karnataka Home Minister and Congress leader Parameshwara charged that the BJP tried to close the matter but the Congress government will get it investigated.

However, the Congress has alleged that several state BJP ministers are also involved in the bitcoin scam. Karnataka Home Minister and Congress leader Parameshwara charged that the BJP tried to close the matter but the Congress government will get it investigated.

He also said the Bengaluru Police Commissioner has written to the Director General of Police recommending that this case should be handed over to the CID for investigation.

He also said the Bengaluru Police Commissioner has written to the Director General of Police recommending that this case should be handed over to the CID for investigation.

"Since it is apparent that this act was done using high end technological methodologies, we have written to the Director General of Police with a view that a high level probe should be conducted by an expert investigation agency," Dayananda told reporters here.

"Since it is apparent that this act was done using high end technological methodologies, we have written to the Director General of Police with a view that a high level probe should be conducted by an expert investigation agency," Dayananda told reporters here.

According to him, one stage of investigation has happened and further probe was needed to trace the involvement of some more networks because some hackers were involved, who had hacked it in an expert manner.

According to him, one stage of investigation has happened and further probe was needed to trace the involvement of some more networks because some hackers were involved, who had hacked it in an expert manner.

"They (hackers) have also hacked the government's e-procurement portal. So, an organised investigation was required," the police Commissioner said.

"They (hackers) have also hacked the government's e-procurement portal. So, an organised investigation was required," the police Commissioner said.

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Karnataka Bitcoin case: Congress govt orders SIT probe into scams of BJP government. All you need to know | Mint - Mint