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.