Waqar Zaka

Karachi court issues arrest warrants for Waqar Zaka in cryptocurrency case: report

A local court issued a non-bailable arrest warrant for Waqar Zaka — who is a television host and social media activist — in a case pertaining to suspicious Rs173 million cryptocurrency-related transactions.

Earlier this year in January, the Federal Investigation Agency’s (FIA) cybercrime circle had booked Zaka for allegedly maintaining two accounts for the trading of cryptocurrencies/virtual assets.

The case was taken up by Judicial Magistrate (East) Mukesh Kumar on Thursday against Zaka, who is spearheading a campaign for virtual currencies to be declared legal tender in Pakistan.

The magistrate directed the FIA prosecutor to submit a report regarding the execution of the warrant on the next date and adjourned the hearing until January 5, 2023.




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