🚨 Waqar Zaka & The Crypto Scam Case: What’s Really Happening?

A major controversy is shaking up Pakistan’s crypto scene — and it involves Waqar Zaka, a well-known TV host and crypto advocate. Here’s the scoop 👇

🔍 What’s Going On?

Dec 2022: Karachi court issued an arrest warrant after Zaka skipped multiple hearings in a Rs 86M crypto case.

Feb 2023: He was declared a fugitive for not appearing or seeking bail.

FIA (Federal Investigation Agency) accuses him of pushing risky crypto schemes online and luring people into unsafe investments.

⚖️ The Charges

Alleged misuse of bank accounts for shady foreign transfers & fundraising.

Investigated under cybercrime, money laundering, and forex laws.

FIA claims he received Rs 6.8M from international crowdfunding, later withdrawn via bank transactions.

🗣️ Waqar Zaka’s Side

Denies all allegations ❌

Says his income (including Facebook earnings) is 100% legit.

Claims he’s being harassed & threatened for promoting digital innovation and crypto adoption in Pakistan.

🔥 The case is still ongoing, and all eyes are on how this unfolds — because Zaka is a huge name in Pakistan’s crypto space.