Following up on our previous update to Ducky Bhai’s arrest, authorities confirmed the seizure of $326,000 worth of cryptocurrency from his Binance wallet. Saad Ur Rehman, known online as Ducky Bhai, was detained at Allama Iqbal International Airport, Lahore, after his name was placed on the Provisional National Identification List (PNIL).

He is accused of promoting fraudulent apps such as Binomo, which disguised gambling as investment opportunities by using crypto deposits and withdrawals to bypass regulations. Investigators allege he acted as a country manager for Binomo in Pakistan without authorization from the FBR or SECP.

Evidence recovered includes an iPhone 16 Pro Max, WhatsApp chats tied to Binomo promotions, contacts linked to illegal advertising, and records of illicit crypto payments.

Latest Update (21-08-2025):

The FIA NCCIA Lahore has seized 326,420 USDT (~#BTC 326,000) from Ducky Bhai’s Binance wallet. The funds have been transferred to official government wallets in the presence of witnesses.

Legal proceedings under FIR No. 196/2025 are underway, with charges under PECA-2016 and PPC. Authorities say more accomplices are under investigation. The case highlights the dangers of unregulated gambling-trading apps that weaponize crypto against unsuspecting citizens.