Police inspector Prashanth Babu and cybercrime expert Santosh Kumar, arrested by the Special Investigation Team (SIT) probing the bitcoin scam, allegedly dumped some of the bitcoins in the possession of hacker Srikrishna alias Sriki into three cryptocurrency hardware wallets, a document accessed by The Hindu show. The document, however, makes no mention of the number of coins moved into offline storage devices by the accused.
Santosh Kumar who is the chief executive officer (CEO) of GCID Technologies Pvt. Ltd., sent one of his associates to Surat, Gujarat, to buy three hardware wallets, also known as nano ledgers to download the currencies from the wallets of Sriki and his associate Robin Kandelwal, SIT claims. Of the three hardware wallets, one was handed over to Prashanth Babu, police inspector, Technical Support Centre, Adugodi, SIT alleges. Both Prashanth Babu and Santosh Kumar are in the SIT custody.
