Many political heavyweights in karnataka are on the verge of being uprooted by the Bitcoin storm. An accused international hacker detained by the authorities has revealed the movement of Bitcoins worth hundreds of crores into the accounts of some of the state's most prominent leaders. sri krishna, a 20 year old, was detained by Bengaluru cops in early 2018 in conjunction with a fatal attack on a young man at a high-end pub. Mohammed Nalapad, the son of Cong mla NA Haris, is the primary defendant in this incident. sri krishna, a deft hacker, had eluded the authorities for nearly two years before being apprehended.

Sri krishna spilled to have infiltrated two cryptocurrency exchanges and taken 5,000 Bitcoins valued at more than Rs 2,000 crore. He further surprised the police by confessing that he infiltrated various government sites as well as altered hundreds of crores value of tenders. He was reportedly forced to deposit the BTC into the account of several key bjp politicians, according to unsubstantiated sources. Some police officers' apparent involvement has also been questioned.

A startled administration is scrambling for cover, insisting that the allegations are unfounded and that no one from the bjp is engaged. "We have nothing to do with this," stated Dr. CN Ashwath Narayan, The accusations are false. Not just state police, but also government agencies such as IT and ED are looking into the hacking scheme. Once the inquiry is completed, the truth will be revealed." Bommai, the CM, is taking the same stance. Araga Jnanendra, the state home minister, has refuted allegations that the FBI had arrived in Bengaluru to question sri krishna about suspected cyber thefts against US-based corporations.

The Congress, on the other hand, claims that the bjp is attempting to keep the subject quiet in order to protect its top officials. A senior police source familiar with the situation denied media claims about the Bitcoin con. He said that these are Sri Krishna's statements, for which he has yet to offer proof.

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