11 Cops and Ex-Politician Jailed for Life in Bitcoin Kidnapping

11 Cops and Ex-Politician Jailed for Life in Bitcoin Kidnapping

The post 11 Cops and Ex-Politician Jailed for Life in Bitcoin Kidnapping appeared on BitcoinEthereumNews.com. Crime An Indian court has handed down life sentences to 14 men – including 11 police officers and a former legislator – for orchestrating a shocking crypto-related kidnapping scheme in 2018. The case centered on businessman Shailesh Bhatt, who was abducted at a gas station in Gujarat by men posing as federal agents. He was taken to a far…

14 Sentenced to Life in Indian Bitcoin Extortion Case

Fourteen men, including senior police officers and a former legislator, received life sentences in a Bitcoin extortion case. Victim Shailesh Bhatt was abducted and forced to transfer 34 Bitcoin after ransom demands. Bhatt himself faces separate charges for kidnapping BitConnect promoters and extorting crypto and cash. An Indian anti-corruption court sentenced 14 men to life imprisonment for their roles in a 2018 kidnapping and extortion scheme t…

Explained: The Bitcoin Extortion Case That Sent a BJP MLA and IPS Officer to Jail

In a case that laid bare the depths of political corruption and criminal collusion, a Gujarat court has sentenced 14 individuals — including a former BJP legislator, a retired IPS officer, and multiple police personnel — to life imprisonment for abducting and extorting an Amreli businessman in 2018. The victim, Shailesh Babulal Bhatt, was forced at gunpoint to transfer 200 bitcoins, worth approximately ₹12 crore at the time, to the accused. The …