Indian authorities have raided the house of Gaurav Mehta, an audit firm worker.
The Central Bureau of Investigation has additionally issued a summons for Mehta.
Indian authorities have been investigating Acquire Bitcoin for years. Mehta’s identify is reported to have come up in
purported tapes of Maharashtra political leaders discussing the encashment of the cryptocurrency price crores.
It’s unclear what cryptocurrency was being mentioned however the implication is it’s tied to Acquire Bitcoin.
The recordings implicate native politicians in eager to money out seized bitcoin “to affect the elections”.
Mehta’s identify was additionally talked about by former IPS officer Ravindranath Patil who was arrested in a 2018 cryptocurrency “fraud” case being probed by the Pune Police.
Patil claimed Mehta shared with him on the Sign app as many as 10 voice notes purportedly of Sule, Patole, and IPS officers Amitabh Gupta (ex-Pune Police commissioner) and Bhagyashree Navtake who was the DCP (cyber) in Pune when he was arrested.
The politicians allegedly concerned have denied any allegations.
Officers mentioned all features associated to the alleged involvement of Mehta within the rip-off are being appeared into and the CBI could broaden the scope of its investigation.
Acquire Bitcoin was an MLM crypto Ponzi that collapsed in 2017.
The rip-off was run by Amit Bhardwaj (proper) and several other relations. Amit himself is reported to have died of cardiac arrest in 2022.
Investigations into Acquire Bitcoin started in 2018. Since then;
- 451.999 BTC was seized in December 2018
- two investigators have been caught stealing seized Acquire Bitcoin funds in March 2022
- six places, together with properties tied to Amit Bhardwaj’s household, have been raided in June 2022
- Simpy Bhardwaj, the spouse of Ajay Bhardwaj (Amit’s brother), was arrested in December 2023
Whereas there was progress within the Acquire Bitcoin case(s), we’re nonetheless finally virtually seven years in without end.