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Indian Authority Arrests Man in Crypto Extortion Case

Indian Authority Arrests Man in Crypto Extortion Case


Bitcoin.com
2024-08-18 02:30:05

A Gujarat-based man, Shailesh Babulal Bhatt, was arrested under the anti-money laundering law in connection with kidnapping and extortion cases, including a significant cryptocurrency-related crime exceeding Rs 1,200 crore ($144 million), according to the Enforcement Directorate (ED). Bhatt was taken into custody following a money-laundering probe initiated by the ED based on FIRs filed by


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