Security

Bitcoin Worth $1.2M Seized From Arrested Indian Hacker

Indian authorities seized bitcoin worth around 90 million Indian rupees ($1.2 million) following the arrest of a 25-year-old Indian computer hacker in Bengaluru, India. Bengaluru Joint Commissioner of Police (Crime) Sandeep Patil informed media about the development on Friday.

Srikrishna alias Shreeki, the hacker, was arrested on Nov. 18 for the alleged hacking of government portals, three bitcoin exchanges and 10 poker sites, using malware in four of the attacks.

During the investigation, it was found that the Srikrishna had hacked three Bitcoin exchanges and 10 poker sites. The Bengaluru police commissioner said that Bitcoins worth Rs 9 crore have been seized in the matter.

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.

M. Ali

Daily cryptocurrency trader, miner, technology enthusiast and a full time IT and security consultant. If you have any questions or comments please feel free to email him at nabil@wibbic.com

Recent Posts

Trezor Warns Users About New Phishing Scam Wave

On August 8, 2025, Trezor sent out an email to customers. The company said there’s… Read More

3 weeks ago

$27 Million Gone: BigONE Exchange Suffers Major Hack

On July 16, 2025, crypto exchange BigONE confirmed that it was hacked. The attacker stole… Read More

1 month ago

Firefox Add-ons Store Hit by Massive Wave of Fake Wallet Extensions

Researchers uncovered coordinated campaign of over 40 malicious Firefox extensions. These add‑ons mimic trusted… Read More

2 months ago

French Police Arrest Crypto Kidnappers After Finger Cutting

Paris, France – French police arrested several suspects this week tied to disturbing May… Read More

3 months ago

PayPal USD Plans to Use Stellar for New Use Cases

PayPal just announced big plans for its stablecoin. The company wants to bring PayPal USD… Read More

3 months ago

Binance Delists Four Major Cryptocurrencies: What You Need to Know

Binance, the world's largest cryptocurrency exchange has announced its plans to delist and pause trading… Read More

1 year ago