Man arrested in Kathmandu for large crypto deals

Police in Kathmandu have detained Mohammad Saif for running illegal cryptocurrency transactions. Officers say he was involved in crypto trading worth more than NRs 198.1 million without permission. During the arrest, the police seized two mobile phones that were used for the transactions. Officials are now checking the digital records to understand the full scale of his activities. The case has been forwarded for further investigation. Police expect more details to surface as they trace the money flow and identify others who may be involved in the network.