The Mumbai police found near the home of billionaire Mukesh Ambani an SUV loaded with explosives. Responsibility for the device was claimed by the Islamist Jaish-ul-Hind, which is demanding a ransom in the privacy-focused cryptocurrency Monero (XMR) from the businessman, according to Times Now.
According to law enforcement, the vehicle contained about 2.6 kg of explosive material, but it was not assembled into a working device.
In a Telegram statement, the Islamists described this as a trailer for future events if Ambani does not pay the amount previously named in the privacy-focused cryptocurrency Monero (XMR).
The group reminded Indian authorities that, in cooperation with Mossad, they never managed to investigate the car bombing near the Israeli embassy in New Delhi at the end of January. Responsibility for that attack was also claimed by Jaish-ul-Hind.
According to СМИ, the Indian businessman ceded the top spot in Asia’s list of the richest people to Chinese billionaire Zhong Shanshan in late 2020.
Anonymous cryptocurrencies such as Monero, Zcash and Dash have raised concerns among authorities in many countries due to their properties. The idea of banning such coins has been considered, for example, in South Korea, France and the state of Texas.
Earlier, Russia’s FSB head Alexander Bortnikov noted that terrorists are increasingly using privacy-focused cryptocurrencies that guarantee transaction anonymity.
However former Monero lead developer Riccardo Spagni argues that the coin’s alleged privacy is a big delusion privacy is a big delusion.
What is Monero (XMR)?
Earlier in August 2020, the analytics firm presented the first-of-its-kind tool for tracing Monero transaction flows. It was commissioned by the US Department of Homeland Security.
The country’s tax authorities selected Chainalysis and Integra FEC for creating such a solution.
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