14 Sentenced to Life for Bitcoin Extortion in India

In a high-profile case, 14 individuals, including multiple serving police officers and a former legislator, have been sentenced to life imprisonment for a 2018 bitcoin extortion scheme. The Indian court’s verdict sheds light on one of the country’s most prominent crypto-related criminal cases. 14 men were convicted for their roles in kidnapping businessman Shailesh Bhatt and forcing him to transfer 34 Bitcoin following ransom demands.