The Special Investigation Team, led by the Enforcement Directorate, is set to issue a third notice to Mohammed Nalapad, a Youth Congress leader, in connection with alleged financial transactions related to the case. The investigations revealed that crores of rupees were reportedly routed through transactions linked to Nalapad concerning the illegal conversion of Bitcoins into Indian currency.
The case is associated with an alleged international hacker known as Srikrishna alias Sriki, who is accused of illegally acquiring Bitcoins and trying to convert them into cash through illicit channels. Recently, coordinated raids were conducted by ED officials at the residences of Congress MLA N.A. Harris and his son, Mohammed Nalapad, where digital evidence was seized.
ED has already arrested and questioned individuals connected to the case and is examining their statements as part of the ongoing investigation into the alleged laundering of proceeds from cryptocurrency-related offenses. Following the raids, two summons were issued to Mohammed Nalapad for questioning, but officials claim he has not fully cooperated. Based on the charge sheet findings, authorities are now preparing to issue a third summons to Nalapad.
