123 Kolkata: The Kolkata Police has made one of the biggest recoveries ever concerning defrauded money parked in multiple cryptocurrency accounts. On Friday, the detective department said it recovered Rs 2.1 crore of money cheated from digital arrest victims. Of this, Rs 1.3 crore was seized from four separate crypto accounts that were being run through a cryptocurrency exchange based in the Cayman Islands.
"Earlier, Rs 74 lakh cash was seized from the residence of one accused, Utpal Sikdar, at Krishnagore. Further examination and scrutiny of the mobiles and laptops of the accused gave us some leads. We detected that a lump sum amount of the defrauded money was being kept in the form of crypto at Binance Wallets of the three accused persons who are now in our custody. Accordingly, we contacted that wallet crypto exchange located outside the country and sent them e-mail to block those wallets, where ill-earned money was kept concealed. A subsequent court order was also sent to them," said joint CP (crime & traffic) Rupesh Kumar.
Videos58:58President Droupadi Murmu's Mega Address To Joint Parliament Session | Budget 20252 hours ago01:13Budget Session 2025: FM Nirmala Sitharaman Tables Economic Survey | Watch4 hours ago12:02Budget Session 2025: PM Narendra Modi Takes A Dig At ‘Shararati’ Opposition4 hours ago03:21'Don't Give Me Gyaan': Blistering Faceoff Between Akhilesh Yadav & Anurag Thakur In Lok Sabha185 days ago06:57Rahul Gandhi Vs Om Birla: Five Big Moments Of Fiery Faceoff & Jibes | Watch185 days ago07:25'Adani-Ambani...Arre Sorry!': Rahul Gandhi's Remark Sparks Chaos In Lok Sabha | Watch186 days ago05:24Rahul Gandhi Triggers Ugly Spat In Fiery LS Speech | 'Modi-led Chakravyuh,' 'Kamal' & India 'Trap'186 days ago03:12Kharge Smiles As Dhankhar Mocks 'Peaceful' Congress MPs In Rajya Sabha | Watch Banter186 days ago03:25Owaisi Quotes Pak Poet In Attack On Modi Govt; 'FM Nirmala Can Tax Unemployed Too' | Watch186 days ago04:26Budget 2024: Good News For Indians Planning To Get Married: Watch Why191 days ago123456The chain of events began last Dec after Kolkata Police raided and arrested two individuals from Goa and Mumbai in connection with a Rs 66 lakh digital arrest fraud. In Jan, they again arrested three individuals from Baguiati and Krishnagore, who the police claimed were the masterminds behind a cryptocurrency gang. The total arrests stand at seven now.