India got its first Bitcoin ATM in Banglore in October, which has been seized by the police as it was launched without approvals. On Tuesday 1st co-founder, Harish BV was arrested. And now on Thursday, 2nd co-founder, Sathvik Viswanath, of the ATM has been arrested. They have been arrested under several acts. While many things were recovered by the police it is suspected that Sathvik has destroyed some evidence.