Former police chief in Bangalore, India admits to extorting government officials and converting stolen funds into Bitcoin

According to News9live, former police chief Ningappa of Bangalore, India, admitted during an interrogation by anti-corruption agency Lokayukta that he extorted government officials by impersonating anti-corruption officials and converted the stolen money into Bitcoin. The special court has ordered his detention until June 30th. The case involves two assistant ministers, but their specific identities have not been disclosed yet. The investigation shows that Ningappa used police background to forge identities and carried out extortion in Seshadripuram and other places. Although his lawyer has applied for bail, the court requires the prosecutor to respond first. Analysts point out that this case may trigger a crisis of trust in the country's ruling party - if it is confirmed that ministerial level officials are involved, it may lead to government turmoil. Ningappa was dismissed from the police force several years ago, but has been committing crimes for a long time due to institutional loopholes. Multiple police stations across the state have registered related cases. Currently, Lokayukta is investigating the flow of Bitcoin and the network of accomplices.