RATE Group | Woman steals bitcoins worth Rs 3.7cr, nabbed | Bengaluru News
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Woman steals bitcoins worth Rs 3.7cr, nabbed | Bengaluru News

Woman steals bitcoins worth Rs 3.7cr, nabbed | Bengaluru News

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Bengaluru: A 26-year-old woman entrepreneur who stole bitcoins worth Rs 3.7 crore from a company she co-founded was arrested on Thursday by Criminal Investigation Department (CID) sleuths. This is the first case to be registered for stealing bitcoins after the Supreme Court lifted the ban on trading of cryptocurrencies earlier this month.
Ayushi Jain, a resident of Bellandur, allegedly stole 63.5 bitcoins worth Rs 3.7 crore from BitCipher Labs LLP located on Outer Ring Road, Mahadevapura. Police said she jointly founded the firm in 2017 along with Ashish Singhal, the complainant. Ayushi quit the company on December 16, last year.
Singhal filed a complaint with CID’s cybercrime wing saying the bitcoins were stolen between January and March this year. Singhal said, “Me, Vimal Sagar Tiwari and Govind Kumar Soni hold a hard wallet on behalf of BitCipher Labs. The private keys were held among the three of us. Recently, we found that 63.5 bitcoins (Rs 36,662,259) were stolen and…

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