Crypto Trader Arrested for Laundering Hacking Proceeds in Major Cybercrime Case

• •Srikrishna has been hacking and laundering proceeds since 2016, despite multiple FIRs.
• •Robin Khandelwal was arrested for facilitating the laundering of stolen virtual assets.
• •The ED found evidence of cross-border payments and undisclosed crypto accounts linked to Khandelwal.

Srikrishna, a notorious hacker, continued his criminal activities despite multiple FIRs since 2017. He collaborated with crypto trader Robin Khandelwal to launder proceeds from hacking operations, including stealing virtual digital assets. The Enforcement Directorate (ED) discovered that Khandelwal facilitated cross-border payments and operated multiple crypto accounts for laundering. Evidence from WhatsApp chats revealed Khandelwal's involvement in changing domain ownership and making payments in bitcoins without disclosing their source. The ED's investigation led to Khandelwal's arrest on June 5, 2026, as he failed to provide necessary financial documentation. The total amount laundered is estimated to be in the crores, with significant sums tied to stolen cryptocurrencies. The investigation continues as authorities trace the flow of illicit funds.