Fourteen Sentenced to Life for Kidnapping Businessman Over Cryptocurrency Extortion
The convicted, including 11 police officers and a former BJP legislator, were involved in the abduction and extortion of Shailesh Bhatt, who was forced to transfer Bitcoin and millions in cash.
BTC
Fact Check
All provided sources, including major Indian news outlets and cryptocurrency news sites, consistently and explicitly report that 14 individuals were sentenced to life imprisonment for kidnapping a businessman in a cryptocurrency (specifically Bitcoin) extortion case. The evidence is highly corroborated and leaves no room for doubt.
Summary
Fourteen individuals, including 11 police officers and a former BJP legislator, have been sentenced to life imprisonment in India for kidnapping businessman Shailesh Bhatt and extorting Bitcoin and $3.6 million in cash. The gang targeted Bhatt after he recovered part of his investment from the collapsed BitConnect platform.
Login or create a free account now to get instant news
Connect with Coinpost Terminal