Karnataka High Court grants bail to alleged crypto scam accused Sriki and accountant Robin Khandewal

The Karnataka High Court granted bail to hacker Srikrishna Ramesh alias Sriki and his accountant Robin Khandewal in the Prevention of Money Laundering Act (PMLA) case related to the crypto scam. The court noted that the trial is unlikely to conclude soon, stating the case is still in the pre-cognizance stage. The court granted bail after considering the applications for regular bail filed by the two accused facing charges under Section 3 and 4 of the PMLA Act.