Bitcoins worth Rs 9 cr seized from hacker arrested in drugs case

Thirty-one Bitcoins worth a whopping Rs 9 crore have been seized from a 25-year-old hacker arrested last year for breaking into government websites and gaming portals.

The Central Crime Branch (CCB) believes Srikrishna alias Sriki, a resident of Jayanagar, had hacked three Bitcoin exchanges, three Malware exploits, 10 poker portals, four other websites and Yearn (YFI) and Ethereum accounts. It had initially arrested him in a case of importing drugs through the Darknet.

Investigators found that Srikrishna gave the stolen Bitcoins to Robin Khandelwal and other cryptocurrency traders who paid him mostly through the bank accounts of his friends. The traders sometimes paid him through Hawala.