Bara’s Mohammad Saf Arrested for Trading Nearly Rs 200 Million in Cryptocurrency at Age 23

A major cybercrime arrest in Bara has drawn national attention after 23-year-old Mohammad Saf was taken into custody for allegedly trading nearly Rs 200 million in cryptocurrency. The arrest highlights the growing scale of digital currency transactions in Nepal, despite regulations prohibiting crypto trading.

According to authorities, Saf had been operating through online platforms to buy and sell cryptocurrencies, managing large volumes of digital assets within a short period of time. Investigators suspect he used multiple digital wallets and international channels to move funds, bypassing Nepal’s financial monitoring systems.

Crypto trading and related transactions are strictly banned in Nepal, with the government repeatedly warning citizens against involvement due to risks of fraud, money laundering, and illegal cross-border fund flow. Saf’s arrest once again underscores the increasing challenge of controlling digital financial activities among tech-savvy youth.

Police officials stated that further investigation is underway to determine whether additional individuals or networks were involved in the operation. The case has also revived public discussions on digital finance, youth involvement in high-risk investments, and the need for stronger awareness regarding Nepal’s cybersecurity and financial laws.

As authorities deepen their probe, the incident serves as a reminder that unregulated digital trading can carry severe legal consequences especially in countries where crypto activities remain outlawed.