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The Bengaluru Central Crime Branch (CCB) Police have revealed that bitcoins worth Rs 9 crore ($1.23 million) have been seized from a 25-year-old hacker, local media reported Friday.
The hacker known as Shri Krishna is a software engineer and resident of Jayanagar in south Bengaluru. He was arrested on Nov. 18 for sourcing drugs through the darknet using bitcoins. Bengaluru Joint Police Commissioner (Crime) Sandeep Patil explained that during the investigation:
Besides buying drugs, Patil said that the hacker and his friends “were also using these bitcoins to lead lavish lives” and “stayed in star hotels and resorts.”
Krishna also hacked the Karnataka government’s e-procurement portal in August 2019 and was booked for stealing Rs 11 crore from the site.
In addition, a senior officer detailed that Krishna deployed ransomware to force the owners of the websites he hacked to pay ransoms. “He also used to create mirror sites and get information on credit or debit cards used by people who accessed sites to steal money,” the official said
How secure is your E wallet?. The security of your crypto wallet is paramount.
The hacker known as Shri Krishna is a software engineer and resident of Jayanagar in south Bengaluru. He was arrested on Nov. 18 for sourcing drugs through the darknet using bitcoins. Bengaluru Joint Police Commissioner (Crime) Sandeep Patil explained that during the investigation:
Besides buying drugs, Patil said that the hacker and his friends “were also using these bitcoins to lead lavish lives” and “stayed in star hotels and resorts.”
Krishna also hacked the Karnataka government’s e-procurement portal in August 2019 and was booked for stealing Rs 11 crore from the site.
In addition, a senior officer detailed that Krishna deployed ransomware to force the owners of the websites he hacked to pay ransoms. “He also used to create mirror sites and get information on credit or debit cards used by people who accessed sites to steal money,” the official said
How secure is your E wallet?. The security of your crypto wallet is paramount.