crime

Chinese national arrested in Nepal over multi-million rupee crypto scam

Kathmandu police arrested 35-year-old Zhu Yi-eng after seizing transaction records linked to NRs 179.97 million and electronic devices; he is in five days judicial remand while investigations continue.

Apr 3rd 2026 · Nepal

Insights

  • 35-year-old Chinese national Zhu Yi-eng was arrested in Thamel, Kathmandu.
  • Police seized transaction records tied to cryptocurrency worth NRs 179.97 million.
  • Investigators recovered three mobile phones and documents used to carry out illegal transactions.
  • Preliminary probe indicates he contacted victims on social media and lured them with attractive offers.
  • Kathmandu District Court approved five days judicial remand for further investigation.