Police have arrested several people on charges of trading cryptocurrency against the rules of the country's central bank.
This time three people were arrested. The police said:
The basic thing i do not understand is that how the authorities are getting these tip offs, either the traders are vocal about their activity which is illegal in their country and boast about their profits to their friends and relatives, if not there is no way the authorities are going to pin the activities to them. The other option is P2P trading which is really risky if you are from a country that prohibits cryptocurrency trading.
It is really risky in a country where the government say they have ban it and also declared it as illegal. You can only be careful and police are on the look out to search your phones even if there is no spy on you. In Nigeria also is same thing, the police can stop someone they suspect. This is a big challenge for bitcoin traders too but they are all keeping it low and not exposing too much. Of course if you living a flamboyant life, that will attract eyes on you.