OTP sharing rip-off: Odisha STF detects crypto commerce of over Rs 1cr

STF of Odisha police has detected crypto buying and selling of over Rs 1 crore via numerous Indian and overseas exchanges by the accused within the OTP sharing rip-off.

Bhubaneswar: Special Task Force (STF) of Odisha police has detected crypto buying and selling of over Rs 1 crore via numerous Indian and overseas exchanges by the accused within the OTP sharing rip-off.

Odisha police has detected crypto buying and selling of over Rs 1 crore via numerous Indian and overseas exchanges by two of the accused within the OTP sharing rip-off, officers stated on Wednesday.

The STF discovered that Pritam Kar of Jajpur and Saroj Kumar Nayak of Nayagarh have been concerned in crypto buying and selling price greater than Rs 1 crore, they stated.

The crypto commerce within the account of Pritam was greater than Rs 1 crore. The account had redflag areas when it comes to crypto deposits from unidentified sources majorly from exchanges particularly Coinbase, FTX and Bitmart, all positioned exterior India, and in addition switch of crypto belongings to exchanges out of India.

Similarly, Saroj had invested Rs 3 lakh within the crypto commerce and on this case as properly, cash was withdrawn utilizing crypto exchanges primarily based exterior India, officers stated.

The STF has blocked the crypto accounts of accused Pritam Kar and Saroj Kumar Nayak and additional investigation is underway.

The job pressure had earlier discovered that Pritam had supplied a SIM and debit card utilized by the accused of the Mangalore Auto blast case that occurred in November final yr.

Also Read: One extra arrested in OTP Sharing Scam to Pakistani Intelligence