Bitcoin Worth $1.2M Seized From India Hacker
"Shreeki" allegedly hacked government portals, bitcoin exchanges and poker sites.
Indian police have seized bitcoin worth around 90 million rupees ($1.2 million) from a Bengaluru, Karnataka-based hacker who managed to breach governmental and other websites.
- Bengaluru Joint Commissioner of Police Sandeep Patil confirmed the bitcoin was seized from a hacker with the surname Srikrishna who used the alias "Shreeki," according to India Today.
- Indian authorities arrested Srikrishna on Nov. 18 for the alleged hacking of government portals, three bitcoin exchanges and 10 poker sites, using malware in four of the attacks.
- Srikrishna confessed to hacking the e-procurement website of the Karnataka government as far back as 2019, said the report citing the ANI news agency.
- Bengaluru, also known as Bangalore, is the center of India's IT industry.
Read more: Indian Users Almost 5 Times More Likely to Encounter Crypto Hacking: Microsoft Report
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CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters:
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
