Three arrested for involvement in illegal cryptocurrency transactions
Summary
Police in Kathmandu Valley have arrested three individuals for involvement in illegal cryptocurrency transactions, including hundi operations, with transactions exceeding Rs 1.36 billion.
Key Points
- Three individuals were arrested in Kathmandu Valley for illegal cryptocurrency transactions including hundi operations.
- The arrested individuals are Pravesh Ali, Naresh Reule, and Dipti Pokharel from different areas of Nepal and India.
- Reule was apprehended based on a tip-off and revealed involvement in buying and selling USDT for the other two.
- Ali conducted transactions worth over Rs 1.36 billion using a Binance ID on his mobile phone.
- All three have been handed over to the District Police Range for further investigation and legal action.
