Hacker Sriki held for stealing Rs 1 cr worth cryptocurrency

NT Correspondent

Bengaluru: The Special Investigation Team (SIT) of the Criminal Investigation Department (CID) probing the crypto-currency case in Karnataka, has arrested SriKrishna alias Sriki again based on the suspicion that he stole a large quantity of Bitcoin cryptocurrency a few years ago by hacking into a Tumakurubased cryptocurrency exchange website.

The SIT arrested Sriki on Monday night and accused him of stealing Bitcoin worth Rs one crore in 2017.

A probe has been launched by the CID which is investigating Sriki's involvement in the hacking.

With cases pertaining to Bitcoin theft increasing, the Kar nataka government had set up a Special Investigation Team to probe such cases a few months ago.

Sriki was first arrested in November 2020 for alleged hacking into the state government's websites and stealing money. He allegedly converted the money into cryptocurrency.