Dismissed Karnataka cop invested crores in bitcoins

BENGALURU: The preliminary investigation by the Karnataka Lokayukta police into the case involving certain IPS officers has made a startling revelation that the dismissed head constable G Ningappa had allegedly invested crores of rupees in 438 bitcoins.

Ningappa was arrested by the Lokayukta police for allegedly extorting government officials by blackmailing about possible raids against them after obtaining information from his ‘sources’ within Karnataka Lokayukta.

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