<ul><li>The alleged co-founder of Garantex, a sanctioned cryptocurrency exchange, has been arrested in India.</li><li>Aleksej Besciokov, a Lithuanian national, was apprehended while on vacation with his family on the coast of India.</li><li>Garantex was sanctioned by the US government in 2022 for facilitating money laundering activities.</li><li>Besciokov is charged with conspiracy to commit money laundering, violating the International Economic Emergency Powers Act, and operating an unlicensed money transmitting business.</li></ul>

Alleged Co-Founder of Garantex Arrested in India

Discover more