Police in India have a bad reputation for extortion and bribery, but in a first, the policemen have gone rather tech-savvy in their approach — they are ditching fiat for Bitcoin. Eight policemen have been arrested by the criminal investigation department (CID) in the Indian state of Gujarat for allegedly extorting 200 BTC from a businessmen, reported Indian national daily Hindustan Times. Shailesh Bhatt, a local businessman, had filed a complaint against the policemen alleging abduction and extortion. The accused comprised three more people other than the policemen including a lawyer and an ‘agent’, who acted as a fixer between…
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