An Indian anti-corruption court has sentenced 14 individuals to life imprisonment for their involvement in a 2018 kidnapping and extortion case targeting a businessman who held Bitcoin. Among those convicted are 11 police officers and a former Gujarat state legislator. The kidnappers initially demanded 176 Bitcoins and approximately 320 million rupees in cash, but the victim only paid 34 Bitcoins. Notably, the victim, Bhatt, is also facing charges related to the kidnapping and extortion of BitConnect promoters, with his case still ongoing.
14 Sentenced to Life for Bitcoin-Related Kidnapping in India
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