Corrupt CBI Officer Booked for Extorting Vigilante Bitcoiner

Bitcoin.com | Nov 10, 2019 at 9:30 AM
  • India’s Central Bureau of Investigation (CBI) has reportedly booked its own officer in an extortion case involving bitcoin.
  • Nair used the bureau’s Gandhinagar office phone to call Bhatt and threatened him with enforcement action by the Enforcement Directorate (ED) and the Income Tax Department for “earning black money using bitcoin,” Press Trust of India detailed.
  • To recover their investments, Bhatt and his accomplices allegedly kidnapped Savalia by posing as Income Tax Department officials, and later kidnapped Mavani and forced him to transfer bitcoins to them.