The Special Task Force (STF) of the Odisha Police which is investigating into the OTP sharing with intelligence operatives of hostile nations and cyber criminals found that the two accused, Pritam Kar of Jajpur and Saroj Kumar Nayak of Nayagarh, were involved in Crypto trading through various Indian and foreign exchanges.
Investigations revealed that Pritam had signed up with a leading Crypto Exchange using e-mail ID. Two bank accounts and a UPI ID of the accused were linked with the exchange. On analysis of the Crypto trade history of the particular ID, it came to surface that in a period of two years, the volume of trade in the account was more than Rs 1 crore.
The account had red flag areas in terms of crypto deposits from unidentified sources majorly from exchanges namely Coinbase, FTX and Bitmart, all located outside India and also transfer of Crypto assets to exchanges out of India.
Further, investigations revealed that Pritam was referred by a dubious person on the Crypto platform having a referral history of thousands of people. The matter is under investigation.
Investigations also revealed that accused Saroj had signed in a leading crypto exchange using e-mail ID. His user ID is linked with two saving bank accounts number and two UPI IDs. The volume of Crypto trade is nearly Rs 3 lakh. In this case too, INR was withdrawn using Crypto exchanges based outside India. In this regard, both the Crypto accounts of Pritam and Saroj were blocked by the STF.