Indian Civil Servant's Bitcoin Theft Starts Major Change in Crypto Policing.

Chandrahar, a former inspector with the Central Crime Branch (CCB), misused his position to access and transfer Bitcoin from the hacker's digital wallet.

This wallet was supposed to be used as secure evidence of an ongoing investigation into illegal activities involving high-profile hacks of exchanges such as Bitfinex and Unocoin orchestrated by Srikrishna Ramesh and his assistant Robin Khandelwal.

Although the duo earned approximately $660,000 as a result of their cybercrimes, Chandrahar's actions amounted to serious violations of the legal and ethical conduct expected of law enforcement.

The initial disappearance of #BTC led to the creation of a special investigation team (#SIT ) and these abuses were uncovered after inconsistencies in the handling of evidence were noticed.

By manipulating access, he forced Khandelwal to transfer the funds and then attempted to erase traces of the incident.

His actions not only undermined the integrity of the police force, but also compromised the entire investigation. Chandrahar was arrested after failing to escape after a failed “preventive evacuation” attempt. An officer from the SIT team made the following statements:

The charges against him and his accomplices include broad crimes such as breach of trust by a public official and destruction of evidence. This case highlights a significant breach of public trust and highlights the challenges of controlling digital assets within the existing law enforcement framework.

This incident comes in the face of India's increasingly strict stance towards cryptocurrencies. Recently, the country implemented “heavy taxation rules” on cryptocurrency transactions and took decisive action against various international cryptocurrency exchanges.
$BTC