India Political parties Bicker over $13.5B Bitcoin Laundering

zeshan0108 (25)in #bitcoin • 6 years ago

Hi Friendzz Its News In Listning That An Indian Political partey is do A big money laundering through Bitcoin..

The Indian National Congress Partey is motivate the ruling Bhartiya Janta Party laundering between $727 million in the state of Gujrat Via Bitcoin . INC spokes person Shaktisinh Gohil is demanding a Suprem Court investigation into this money laundering connviance .
The complaint is that Ahmedabad District Cooperative bank whose director is BJP chief Amit Shah received INr 7.45 billion of depisits in just five days , while about 11 other distict banks in Gujrat linked with BJP leader,s received over INR31Billion of deposits .

The spokesperson is allages that BJP leadership had been accuring black money through the criminals activities , he is saying " there were reportsof the state police blackmailing some buisnesman .

Spokesperson furtehr alagess that Bitcoin was used to convert money .

Bitcoin can be used to money laundering due to its relatively semi- anonymouse nature.
the only identifying information attached to bitcoin transactions is the bitcoin adress .
cryptocurrency forensic companies has developed techniques to trace the transaction history and attach identitis to bitcoin adress.
The BJP spokes person Anil Bulani gives no credence to to the INC allegations .

He says the dirty tricks department of congress is working to spread the confusion and lies .
it is blaming the police which uncoverd the the case .
i wonder if the congress is tryong to help somebody in this case as part of a conspiracy .

The allegations of bitcoins money laundering at high levels of the indian government comes at an auspicious time for the reserve bank of india .