- CBI conducted raids at three locations as part of Operation Chakra-V targeting cybercrime.
- Authorities seized virtual digital assets valued at about $336,000 and unaccounted cash of $26,400.
- One person was arrested and brought before a Special CBI Court.
- The agency has built internal expertise for managing and confiscating digital assets.
- CBI officials report ongoing efforts to detect and seize digital assets in cybercrime cases.
The Central Bureau of Investigation (CBI) carried out coordinated raids at three different sites as part of Operation Chakra-V. The action forms part of the agency’s sustained push against cybercrime in the region.
During the operation, officials confiscated virtual digital assets valued at roughly $336,000, as well as unaccounted cash amounting to about $26,400. The assets were found in the possession of the main suspect, who was subsequently taken into custody.
The CBI indicated that the arrested individual is being presented before the Special CBI Court for further legal proceedings. According to an official statement, “The agency has gained in-house expertise in handling and seizing virtual digital assets, which are digital representations of value such as cryptocurrencies.”
The statement also notes that these actions are part of a broader, technology-driven strategy. The CBI has set up internal systems for the legal management of digital assets and has continued to seize such holdings in successive operations.
This latest enforcement follows a series of stepped-up initiatives by the agency to address the evolving challenges posed by digital crime. The agency emphasized the ongoing nature of similar operations and its commitment to tackling cybercrime.
This is a developing story.
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