Bhubaneswar, June 21: Special Task Force (STF) of Odisha police have found over one
crore crypto trade in a period of two years by two accused.
STF sources on Wednesday said during investigation of the OTP sharing scam to Pakistani Intelligence Operatives it was found that the two accused —Pritam Kar of Jajpur and Saroj
Kumar Nayak of Nayagarh have been involved in Crypto trading through various Indian and
foreign Exchanges.
Investigations revealed Kar had signed up with a leading Crypto Exchange using email Id, two Bank accounts and one UPI ID. On analysis of the Crypto trade history of the particular ID, it was revealed that in 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 Kar was referred by a dubious person on the Crypto platform, having a referral history of thousands of people and the matter is under investigation.
Investigations further revealed that accused Saroj Kumar Nayak had signed in a leading crypto exchange using e-mail id linked with two saving Bank accounts number and two UPI ID.
In this regard, both the Crypto accounts of accused Pritam Kar and Saroj Kumar Nayak were
blocked by STF. STF has so far arrested five accused in an OTP sharing scam to Pakistani intelligence Operatives.
Police have seized 19 mobile phones, 47 SIM cards and 61 ATM cards from the possession of
the three accused.
STF said Pritam and his associates were doing this illegal business of OTP sharing, Mule accounts/ pre-activated digital wallets selling to cyber criminals including to Pakistan Intelligence Operatives and ISI agents since 2017.
