ED Arrests Three in Cryptocurrency-Linked Money Laundering Case

The Enforcement Directorate has arrested three individuals in connection with a cryptocurrency-linked money laundering case.

The accused, including an alleged crypto hacker named Srikrishna Ramesh alias Sriki, were taken into custody on May 8. They were produced before a local Bengaluru court on Saturday, which sent them to 10 days of ED custody.

The investigation is linked to a 2017 case in which national and international websites were hacked, and the stolen virtual digital assets (VDA) were sold through crypto platforms.