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ED sweeps Karnataka in bitcoin heist probe targeting Cong MLA family links

Business
Published on 24 April 2026
ED sweeps Karnataka in bitcoin heist probe targeting Cong MLA family links

Searches reportedly hit premises tied to politicians sons

The Enforcement Directorate has carried out statewide searches in Karnataka over a cryptocurrency money laundering case connected to a bitcoin heist. Investigators said stolen virtual assets were being sold, while the proceeds moved through multiple accounts tied to hacker Srikrishna alias Sriki. The probe also reportedly reached premises linked to the sons of BDA chairman NA Harris, with Nalapad brothers alleged to be close associates.

  • ED searched multiple Karnataka premises in a crypto laundering case
  • Probe centers on stolen virtual assets sold and money moved via accounts
  • Hacker Srikrishna alias Sriki is linked to the investigation
  • Premises tied to politician family members were reportedly targeted
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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