Police Bust Illegal Cryptocurrency and Hundi Ring in Kathmandu

Summary

Kathmandu police arrested four individuals involved in illegal cryptocurrency and Hundi transactions in New Baneshwor, seizing cash and electronic devices used in the operations.

Key Points
  • Police arrested a gang conducting illegal cryptocurrency and Hundi transactions in Kathmandu's New Baneshwor area.
  • Four individuals were apprehended with 3 million Nepalese rupees, mobile phones, and a MacBook used for the transactions.
  • The arrested are Saban Adhikari, Ashish Adhikari, Rabin G.R., and Anitya Shakya from various parts of Nepal and Kathmandu.
  • Legal action is being taken under the National Penal Code sections for illegal financial and virtual currency use.
Article image