Law enforcement arrest Garantex co-founder in Indian coastal town

Indian authorities confirmed the arrest of Garantex co-founder Aleksej Besciokov, a Lithuanian national wanted by the US for allegedly laundering billions through the crypto exchange. Police apprehended Besciokov in Kerala’s coastal town of Varkala while he was vacationing with his family. Besciokov is accused of operating an unlicensed money-transmitting business and conspiring to commit money laundering. […]