Authorities in India have arrested Aleksej Besciokov, a foreign national linked to a massive cryptocurrency exchange accused of enabling criminal activities worldwide. The arrest took place in Kerala,

Indian authorities have arrested a Lithuanian man wanted by the US for allegedly running a $96 billion cryptocurrency exchange that allowed terrorist organizations, drug traffickers and cybercriminals to launder money.

Besciokov is charged with money laundering conspiracy, conspiracy to violate sanctions and conspiracy to operate an unlicensed money transmitting business.

Garantex co-founder Aleksej Besciokov was arrested in India's Kerala on Tuesday, U.S. and Indian officials tell TechCrunch.

The Indian Intelligence authorities arrested a Russian resident accused of involvement with Garantex, a cryptocurrency exchange. The exchange is said to help criminal entities such as terrorists and drug traffickers launder their money.

India arrests Russia-linked crypto exchange admin wanted by US - Crypto kingpin Aleksej Besciokov arrested from Varkala in south India

The US Justice Department and Secret Service says Aleksej Besciokov operated a cryptocurrency exchange that helped criminal entities like terrorist organisations to launder funds.

Besciokov allegedly ran Garantex, laundering over $96 billion in cryptocurrency for global criminal groups, including terrorists, while violating sanctions.

Police in the Indian state of Kerala arrested a Lithuanian national who is wanted in the US for running Garantex, a sanctioned crypto exchange.

Authorities in India have arrested a cryptocurrency exchange administrator wanted by the US for allegedly helping cybercriminals launder money and violate sanctions. Aleksej Besciokov, a Lithuanian citizen and Russian resident, was arrested in the southern state of Kerala on Tuesday, India's top investigative agency said.

A Russian-linked crypto kingpin on the US wanted list has been arrested in India while on a family holiday, authorities said.