India Law Officer Accused of ‘Misappropriating’ p to 470 BTC
Police in India have arrested a narcotics detective in what the country’s press is calling its “first” misappropriation case involving Bitcoins. Satyendra Kumar Singh, who in 2015 seized wallets containing 470 BTC as part of a drugs bust with the Narcotics Control Bureau (NCB), is currently in custody facing charges of illicitly accessing the funds. Having signed off on an authorization to unblock the wallets using NCB headed paper, Singh became subject to an internal investigation after it became known that no authorization was given from other sources. “After the accused got bail from....
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