Indian National Arrested in Kathmandu for Alleged Multi-Billion Rupee Cryptocurrency Transactions

Indian national Pravesh Ali, residing in Ekantakuna, Lalitpur Metropolitan City-13, was arrested on Chaitra 6. Police had received a tip-off regarding his involvement in cryptocurrency trading. The accused was apprehended in Ekantakuna.Ali, who rented a house in Ekantakuna, was involved in contracting tile and marble work for under-construction buildings, managing laborers. He introduced himself publicly as a 'contractor' for tiles and marble. However, upon investigation after his arrest, it was revealed that Ali was a crypto trader, SP Manohar Bhatt of the Metropolitan Crime Investigation Office told Ratopati.Examination of his mobile phone revealed that he conducted crypto transactions via a...