Karnataka Bitcoin Scam| HC Questions Lack of Investigation into Senior Police Officers, Grants Bail to DSP Rank Officer

Yesterday, On 27th June, The Karnataka High Court raised concerns about senior police officers not being investigated in the Bitcoin scam while granting bail to a DSP-rank officer. The officers are accused of embezzling 31 Bitcoins valued at Rs 9 crore, which were reportedly seized from a hacker through unauthorized means. The SIT is investigating further.

Bitcoin scam | Karnataka HC Denies Bail to Senior Police Officials

The Karnataka High Court has denied anticipatory bail for two senior police officials involved in a high-profile Bitcoin scam. Inspector Chandradhara S R and Deputy Superintendent of Police Shridhar K Pujar were accused of manipulating evidence and aiding illegal activities. This decision underscores the court’s commitment to upholding the integrity of the judicial process in cases of corruption and malfeasance.