Karnataka Bitcoin scam: Arrested accused hacked Bitfinex exchange twice – Mint

The second instance was a simple spear-phishing attack which led to two Israeli hackers working for the army getting access to the computers of one of the employees, which gave them access to the AWS cloud account,” Ramesh said in his statement to the police.

He said, “I did not save anything.

Two of the accounts were given to me by Hemanth Mudappa for a total of ₹18 crore in one account and ₹28 crore in the other.

I did not earn any profit from this; however, I did enjoy the proceeds of the crime by living in 5-star hotels and enjoying a luxurious lifestyle from the proceeds of the same,” he added.

Meanwhile, former Karnataka chief minister and Congress leader Siddaramaiah alleged that politicians and officials were involved in a Bitcoin scam in the state.

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