Garantex Co-Founder Arrested in India at U.S. Request for Money Laundering Charges
Indian police arrest Garantex co-founder Aleksej Besciokov on U.S. money laundering charges.
Matilda
Garantex Co-Founder Arrested in India at U.S. Request for Money Laundering Charges
Indian police have arrested the co-founder of Garantex, a Russian cryptocurrency exchange sanctioned by the European Union and the U.S. government, under India’s extradition law. Image:U.S. Secret Service / Getty Images At 4 p.m. local time (3:30 a.m. PT) on Tuesday, the state police of Kerala arrested Lithuanian national Aleksej Besciokov in the coastal municipality of Varkala, a state police official who made the arrest. The police official said the Patiala House Court in New Delhi issued the arrest warrant against Besciokov. Last week, the U.S. Department of Justice accused Besciokov of personally approving transactions on Garantex linked to North Korea-government hackers and other cybercriminals, criminally charging Besciokov for facilitating money laundering on the crypto exchange. Indian government officials confirmed Besciokov’s arrest in a statement later on Wednesday. The statement said that Indian police sought an arrest warrant for Besciokov at the request of the U.S. governmen…
