News Karnataka
Saturday, December 09 2023

Bengaluru: ‘No question of protecting anyone in Bitcoin case’

Aaraga Jnanendra
Photo Credit : Facebook

Bengaluru: The State Legislative Council was informed by Home Minister Araga Jnanendra on Thursday September 15 that there is no idea of protecting anyone in the Bitcoin case and that the government will launch an investigation if opposition members provide any evidence.

In response to MLC T. A. Saravana of the Janata Dal-Secular party’s investigation about whether the state police collaborate with any other countries’ investigative agencies, Araga noted that there is no information about anyone from Karnataka or any other state being involved in the probe of cases involving Bitcoin in the United States of America.

According to him, no international agencies have been approached by the state police regarding the ongoing investigations.

The Minister claimed that Sriki, the accused in the Bitcoin case, misled police by showing a Bitcoin exchange and there is nothing in the case. ” Who had a loss? Why hasn’t anyone complained if they lost money”, the Minister asked. 

As the issue was frequently debated in the Assembly and Council, the government has already provided all information regarding the Bitcoin case, and he promised that if any members provided additional details, the government will have the case probed.

Police are investigating 77 cases involving Bitcoins, said Araga.

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