Karnataka crypto case accused denied bail

Karnataka crypto case accused denied bail

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In July, the agency filed a 3,500-page prosecution complaint (chargesheet) against Sriki, Khandelwal, and businessman Sunish Hegde. You Can Also Check: Gold Rate in Bengaluru | Silver Rate in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru | Bengaluru AQI | Weather in Bengaluru | Petrol Price in Bengaluru | Diesel Price in Bengaluru | CNG Price in Bengaluru | LPG Price in Bengaluru Stay updated with the latest Bengaluru news. Bengaluru: A special Prevention of Money Laundering Act (PMLA) court in the city rejected the bail petitions of alleged hacker Srikrishna Ramesh alias Sriki and his financial conduit, Robin Khandelwal. The duo was arrested by Enforcement Directorate (ED) in May. Special public prosecutor Madhu N Rao, representing ED, strongly opposed their release by highlighting the scale of their multi-crore cryptocurrency laundering network. Both are in judicial custody at Bengaluru Central Prison. The special court rejected the bail applications after reviewing the evidence compiled by ED. Here are more Raksha Bandhan wishes , Bhadra kaal and Shubh Muhurat from The Times of India. Download the TOI App.

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