Ex-Indian Lawmaker to be 'Offender' in BTC Extortion Case

The name of Nalin Kotadiya appears in the case of 200 bitcoins which policemen allegedly extorted from businessman
19 June 2018   646

The court found Nalin Kotadiya, a former member of the Indian Legislative Assembly, implicated in the case of extorting bitcoins worth $ 1.3 million, guilty of evading justice, says SoinDesk.

The city court of Ahmedabad granted the request of the Criminal Investigation Department (CID) to recognize Cotadia as a "fugitive". According to Indian law, an ex-deputy is prohibited from traveling abroad, he can be arrested by any resident of the country, said Indian Express.

This decision was followed after repeated calls by Nalin Kotadiya to the court, which he ignored. Representatives of CID, having a warrant for his arrest, also could not find him at home.

The name of Nalin Kotadiya appears in the case of 200 bitcoins (at that time about $ 1.7 million), which policemen allegedly extorted from businessman Shailes Bhatta in February this year. According to new data, Kotadiya contributed to the abduction of Bhatta.

As noted by CoinDesk, CID already suspected Bhutt and his partner Kirita Paladia of extorting about $ 22 million in cash and bitcoins from a member of BitConnect, a financial pyramid that ceased operations in India in January this year.

G Suite & Target Twitter Accounts Hacked

Scammers hacked verified G Suite and Target Twitter account to use it for another fake "crypto giveaway"; 5.8634 bitcoins received
14 November 2018   99

Twitter accounts of one of the leaders in US retail Target and Google G Suite services were hacked by unknown, who immediately announced the free giveaway of bitcoins. The legitimate owners returned access to their pages quickly enough, but fraudsters still managed to get about $ 30,000.

After hacking the account G Suite, which has more than 800k subscribers, announced the distribution of 10 000 BTC. As reported by The Next Web, this post was deleted after 10 minutes. At the moment, Google has not commented on the situation.

Scammers message
Scammers message

Account Target, which has a little less than 2M subscribers, announced the distribution of 5 000 BTC.

Representatives Target confirmed hack of account, starting an investigation into the circumstances of the incident.

Early this morning, our Twitter account was inappropriately accessed. The access lasted for approx. half an hour & one fake tweet was posted during that time about a bitcoin scam. We have regained control of the account, are in close contact with Twitter & are investigating now.

As exploers show, there were no transfers to the of hackers of the G Suite account. However, with the help of a post on the Target page, attackers were able to get 5.8634 bitcoins.