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.
To gather details CBI has launched an operation and the searches are being conducted at 14 places across the country.
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.
CBI books Ajay Garg, Asst Programmer of CBI & Anil Kumar Gupta for creating a illegal railway ticketing software; searches conducted at 14 places across the country, Rs 89 lakhs in cash and Rs 69 lakhs worth jewelry seized; accused received money through bitcoins
— ANI (@ANI) December 27, 2017