Bitcoin Bandit: Inmate Pulls Off Daring $1.2 Million Bitcoin Heist From Behind Bars
Summary
Hacker Srikrishna Ramesh has reportedly managed a Bitcoin scam from a prison in India, transferring $1.2 million of Bitcoin to various wallets via a smuggled laptop. The discovery has led to a significant investigation, uncovering possible bribery, money laundering and evidence tampering. The bribe was reportedly made to a constable who got the laptop into prison, and the laundering process started during the 20-22 minutes Ramesh had with the computer. The investigation is now looking into locating the device and uncovering the network the laundered money may have spread through. There is also an investigation into irregular handling of Ramesh's initial arrest, and there is potential evidence tampering.
