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Bitcoins worth crores seized from Bengaluru hacker

The Central Crime Branch has arrested Shreeki, who allegedly hacked websites to steal data and money and convert them into bitcoins. According to the police, he used the bitcoins to purchase drugs from the darknet.

Bitcoins worth crores seized from Bengaluru hacker
Bitcoins worth crores seized from Bengaluru hacker
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Published : Jan 15, 2021, 12:01 PM IST

Updated : Jan 15, 2021, 9:38 PM IST

Bengaluru(Karnataka): The Karnataka Central Crime Branch (CCB) has seized 31 Bitcoins worth Rs 9 crores from a 25-year-old hacker, Srikrishna alias Shreeki on Friday.

The Central Crime Branch has arrested Shreeki, who allegedly hacked websites to steal data and money and convert them into bitcoins. According to the police, he used the bitcoins to purchase drugs from the darknet. According to the reports, he carried out ransomware attacks which decrypts the data and demand payment from the website owners for the site to be unlocked.

The CCB police have seized 31 Bitcoins worth Rs 9 Crores from him.

Who is Shreeki?

The young man SriKrishna alias Shreeki, a resident of Bengaluru, graduated in computer science from a college in Amsterdam in the Netherlands in the year 2017. He has good knowledge of computers and the internet. He moved to Netherland, after the completion of the PUC in Bengaluru.

Hacked government portals to steal Rs 11 crore

He was arrested in connection of stealing Rs 11 crore from the government’s e-procurement portal in August 2019. He is known to hack online poker games and which he then converts bitcoins.

What CCB said about the hacker?

Police said that he procured the drugs after instructions from another accused in the case of Suneesh Hegde, a construction company owner in Bengaluru. Upon his arrest, the CCB has now uncovered his alleged involvement in multiple cybercrimes involving data theft.

"Both of them extort money from private companies after stealing data online. If the companies did not pay them, they end up selling the data to a third party. We are still getting names of all the companies' websites Sreeki hacked into,” the CCB source added.

CCB sources also said that Krishna allegedly stole credit card data from a private company and sold it to an Australian national.

Also Read: USA technical team to research on Jamtara's rising cyber crimes

Bengaluru(Karnataka): The Karnataka Central Crime Branch (CCB) has seized 31 Bitcoins worth Rs 9 crores from a 25-year-old hacker, Srikrishna alias Shreeki on Friday.

The Central Crime Branch has arrested Shreeki, who allegedly hacked websites to steal data and money and convert them into bitcoins. According to the police, he used the bitcoins to purchase drugs from the darknet. According to the reports, he carried out ransomware attacks which decrypts the data and demand payment from the website owners for the site to be unlocked.

The CCB police have seized 31 Bitcoins worth Rs 9 Crores from him.

Who is Shreeki?

The young man SriKrishna alias Shreeki, a resident of Bengaluru, graduated in computer science from a college in Amsterdam in the Netherlands in the year 2017. He has good knowledge of computers and the internet. He moved to Netherland, after the completion of the PUC in Bengaluru.

Hacked government portals to steal Rs 11 crore

He was arrested in connection of stealing Rs 11 crore from the government’s e-procurement portal in August 2019. He is known to hack online poker games and which he then converts bitcoins.

What CCB said about the hacker?

Police said that he procured the drugs after instructions from another accused in the case of Suneesh Hegde, a construction company owner in Bengaluru. Upon his arrest, the CCB has now uncovered his alleged involvement in multiple cybercrimes involving data theft.

"Both of them extort money from private companies after stealing data online. If the companies did not pay them, they end up selling the data to a third party. We are still getting names of all the companies' websites Sreeki hacked into,” the CCB source added.

CCB sources also said that Krishna allegedly stole credit card data from a private company and sold it to an Australian national.

Also Read: USA technical team to research on Jamtara's rising cyber crimes

Last Updated : Jan 15, 2021, 9:38 PM IST
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