Man arrested for illegal cryptocurrency transactions worth Rs 198mln

Summary

A 23-year-old man was arrested in Kathmandu for involvement in illegal cryptocurrency transactions valued at over Rs 198 million.

Key Points
  • Mohammad Seikh, 23, was arrested in Kathmandu for illegal cryptocurrency trading.
  • The illegal transactions amounted to more than Rs 198.1 million.
  • Police seized two mobile phones used for the transactions.
  • Kathmandu District Court approved a five-day remand for further investigation.
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