India’s ruling party hit with $763M crypto scam claims | 코인긱스

India’s ruling party hit with $763M crypto scam claims

0

The governing political party in India, the Bharatiya Janata Party (BJP), has been accused of involvement in a “mega bitcoin scam” in the state of Gujarat. According to local news, members of opposition party Indian National Congress asked the Supreme Court to look into the matter and take the appropriate actions against the top government officials allegedly using their positions to commit illicit cryptocurrency activities.

Shaktisinh Gohil, spokesperson for the Congress party, described the activity as a “multi-layered” scam with a haul reaching between INR5,000 crore ($763 million) and INR88,000 crore ($12 billion). He compared the scam to a “Pandora box,” which opened up a series of criminal events that allegedly involved authorities in kidnapping and extortion of cryptocurrencies.

“A new mega bitcoin scam has been unraveled in Gujarat. The finger of suspicion of this massive scam of illegal cryptocurrency directly points to several top Bharatiya Janata Party leaders and a mastermind—an absconding BJP leader and former MLA Nalin Kotadiya,” Gohil said, according to NDTV report.

According to Gohil, the scam began with complaints from a Surat-based builder Sailesh Bhatt against Gujarat’s Amreli district police for alleged extorting 200 BTC and demanding INR32 crore in cash. After investigations, police found that several officials were involved in the incident.

India’s Central Intelligence Department (CID) named Kotadiya as the mastermind behind the entire operation. Kotadiya absconded but has yet to be arrested, but Gohil expects that when he’s collared, Kotadiya “will reveal damning evidence which will expose top BJP leaders in the state.”

BJP spokesperson Anil Baluni dismissed the allegations, saying that the members of the opposition party have resorted to “dirty tricks” to spread confusion and lies. Baluni said, “The Congress were laughable and nothing can be more unfortunate than this as it is the state police which has cracked the case and acted against several persons.”

Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.

The post India’s ruling party hit with $763M crypto scam claims appeared first on Coingeek.

 

No comments

몰타 금융규제, 블록체인 관련 ‘사이버보안 지침’ 발표

몰타의 금융 규제기관이 블록체인 관련 사이버보안 가이드라인을 제시했다. 8일(현지시간) 코인텔레그래프 보도에 따르면, 몰타 금융서비스국(MFSA)은 사이보보안 지침서를 발표했다. 당국은 기관의 사이버보안 시스템이 유럽은행감독국(EBA) 등, 국제 기관의…