Overview
- ED officers searched multiple Bengaluru properties Monday in 21-hour operations that included the homes of Mohammed Haris Nalapad, his brother Omar, Aqeeb Khan, and alleged hacker Srikrishna “Sriki.”
- The money-laundering probe stems from Karnataka Police cases on the 2017 Unocoin exchange hack and an ED case report filed in 2021 under the anti–money laundering law.
- Mohammed Haris Nalapad said officers seized only two mobile phones and no cash, denied any wrongdoing, and called the timing political as his father seeks a Cabinet role.
- The state’s Special Investigation Team says it is finalising a chargesheet on the Rs 1.14 crore crypto theft after years of conflicting public claims about whether a bitcoin scam existed.
- Investigators are examining a 2018 Porsche purchase worth Rs 57 lakh that bank records tie to transfers by Sriki’s accountant and to Khan, which they view as possible spending of stolen funds.