2 min readBengaluruApr 21, 2026 08:47 AM ISTThe ED raids mark a major escalation in the bitcoin case, which has gained political attention due to links to a Congress legislator’s family. File PhotoThe Enforcement Directorate (ED) conducted simultaneous raids at 12 locations across Karnataka on Monday, targeting the sons of Congress MLA NA Haris and prime accused Srikrishna Ramesh alias Sriki in connection with the high-profile bitcoin case.Mohammed Haris Nalapad and Omar Farook Nalapad — sons of Shantinagar Congress MLA NA Haris — were named by ED as close associates of Sriki and alleged primary beneficiaries of proceeds of crime under the Prevention of Money Laundering Act (PMLA), 2002.A team of ED officials and security personnel conducted searches at the family’s residence on Magrath Road in Bengaluru, as well as at other locations.The raids also covered Aqeeb Khan, the grandson of former Union minister K Rahman Khan and nephew of Congress leader Mansoor Ali Khan, whom ED alleged was another direct beneficiary of the crime proceeds.According to investigators, the accused operated through a well-structured network that involved hacking websites and cryptocurrency wallets to steal virtual digital assets (VDAs), siphoning sensitive data and funds, and selling stolen crypto assets through trading platforms to disguise their origin. The proceeds were then allegedly routed through multiple bank accounts for layering before being used for personal gain.ED’s investigation is based on multiple FIRs and charge sheets filed by the Karnataka Police, which allege offences including hacking of national and international websites, theft of bitcoins, extortion, and violations of the NDPS Act.The raids mark a significant escalation in the Bitcoin case, which has drawn political attention due to the involvement of family members linked to a sitting Congress legislator.Stay updated with the latest - Click here to follow us on Instagram© IE Online Media Services Pvt LtdAdvertisementLoading Recommendations...Live BlogBhoot Bangla Box Office Collection Day 4 LIVE Updates: Akshay Kumar’s film crosses Rs 100 cr mark15 minutes ago‘I say in clear terms, I will not recuse’: Justice Swarana Kanta Sharma bins Arvind Kejriwal’s recusal plea20 minutes agoUS Iran War News Live Updates: JD Vance to travel to Pakistan on Tuesday for Iran talks24 minutes agoJEE Mains Session 2 Result 2026, jeemain.nta.nic.in LIVE Updates: 2,50,182 candidates qualify for JEE Advanced45 minutes agoJEE Mains Session 2 Result 2026 Live Updates: 5 students each from AP, Telangana score 100 percentile2 hours ago