Bitcoin used by rogue CBI officials for illegal transactions

CBI,Bitcoin, Bitcoin, India,RBI, Reserve Bank of India

Bitcoin is already under scrutiny of the Indian government and now, the cases of cheating are sure to give sleepless nights to its supporters but what can one do when the Central Bureau of Investigation (CBI) officials themselves get involved?

ANI News has reported that CBI has booked Ajay Garg, Asstistant Programmer of CBI  and Anil Kumar Gupta for creating a illegal railway ticketing software.

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To gather details CBI has launched an operation and the searches are being conducted at 14 places across the country.

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So far, Rs 89 lakhs in cash and Rs 69 lakhs worth of  jewellery has been seized while the accused have received money through digital currency Bitcoin. It is definitely bad news for those pushing for cryptocurrencies like Bitcoin in India.

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