According to recent reports, notorious hacker Srikrishna Ramesh (Sriki) has been accused of orchestrating a Bitcoin (BTC) scam from a quarantine cell in India’s Parappana Agrahara prison.
The incident involved the transfer of Bitcoin worth ₹10 crore or $1.2 million to different wallets using a smuggled laptop. The revelation has sparked a high-profile investigation by the Special Investigation Team (SIT) of the Criminal Investigation Department, which has shed light on alleged bribery, money laundering, and evidence tampering.
Prison Bitcoin Scam
Srikrishna Ramesh initially came into the spotlight in 2020 when he was arrested by the Central Crime Branch (CCB) on charges related to drug procurement via the DarkNet. However, further investigation revealed his involvement in hacking activities.
The CID was also involved in probing financial fraud cases associated with Sriki, which led to his statement claiming to have given Bitcoin to police officials.
According to highly-placed sou
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