Police detain employee
Hardeep Singh, Vice President of Public Policy and Government Affairs, filed the complaint. The role of Rahul Agrawal, a company staff member, is suspicious in this case. He has now been taken into police custody. According to the First Information Report (FIR), the company operates as a trading platform for cryptocurrency exchange and sales. On July 19, at approximately 2:37 AM, an unknown person hacked into the company’s wallet and transferred 1 USDT to another account.
Amount later transferred to different accounts
Later, at approximately 9:40 AM, the same person transferred 40 million USD (approximately ₹378.95 crore) to their account. This amount was later distributed across six different accounts. Upon investigating the hacking incident and the transfer of funds, the company found that the laptop used by employee Rahul Agrawal had been tampered with. Upon questioning, Agrawal stated that he had been working part-time with the company for a year and used the laptop solely for company-related work.
Laptop used for unauthorised purposes
It was also discovered that, in violation of company policy, the laptop was also used for unauthorised purposes. The FIR states that Rahul Agrawal is suspected of being involved in this crime, possibly in collusion with others. Police have registered a case against Rahul Agrawal and others under sections 66, 43, 66(C), and 66(D) of the Information Technology Act, as well as sections 303, 316(4), 318(4), and 319(2) of the BNS Act.
An officer stated that further investigation into the matter is underway and more information is expected to emerge as the investigation progresses. Cybercrime remains one of the most challenging issues these days. In the past few years, many people have fallen victim to it and lost their hard-earned money. However, due to the tireless efforts of the authorities, many cases have also been solved, and large sums of stolen money have been recovered.
