KATHMANDU: Police have arrested three persons on the charge of trading cryptocurrency against the rules of the Central Bank in the country.
The arrested have been identified as Rajan Bhattarai, 21, of Parbat, Bishal Shrestha, 25, of Sunsari and Dipen Raj Shrestha, 27, of Kathmandu.
Acting on a tip-off, a special team deployed from Metropolitan Crime Division nabbed them from Minbhawan, Kathmandu, on Thursday.
Police said that Bhattarai has so far carried out 1,926 transactions of crypto-coins, including Bitcoin, with 975 people resulting in a turnover of Rs 2.6 million. Likewise, the other two were also involved in crypto trading.
The arrested have been sent to Metropolitan Police Range, Teku, for necessary action.
Meanwhile, police have urged all and sundry not to engage in crypto trading as it is illegal in the country.