Bitcoin ‘Scam’ Threatens to Engulf Big Names in K’taka; Bommai Dismisses Charges as … – News18

The Bitcoin “scam” refuses to die down in Karnataka, with daily twists and turns threatening to uproot several political bigwigs in the state.

According to police, the accused named Sri Krishna told them about his “business”, claiming he had hacked into two cryptocurrency exchanges and stolen 5,000 Bitcoins worth over Rs 2,000 crore.

Sri Krishna, in his 20s, was first arrested by the police in early 2018 in connection with an attack on a youth at a high-end pub in Bengaluru.

Leader of Opposition Siddaramaiah has demanded answers from the Bommai government, saying a thorough probe should be ordered.

While MLA Priyank Kharge has predicted the collapse of Bommai government in the next few weeks, senior Congress MLA NA Harris has expressed displeasure over his son’s name being dragged into the alleged scam.

Bommai, who met PM Narendra Modi on Thursday in New Delhi, dismissed media reports and opposition claims. Speaking to reporters, he said, “Home Minister Amit Shah has all central agencies under his command.

However, the Congress has alleged that the BJP is trying to hush up the matter to save its leaders.

In early 2018, Nalapad had attacked a young man called Vidwath at a high-end pub in the city.

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