Co-founder of sanctioned Russian crypto trading platform Garantex arrested in India
Aleksej Besciokov, co-founder of sanctioned Russian crypto trading platform Garantex, was arrested while on vacation in India, Internet reported. Besciokov faces charges of conspiracy to money laundering, conspiracy to violate sanctions and operating an unlicensed money transfer business. Last week, an international law enforcement agency composed of the United States, Germany and Finland jointly seized Garantex's servers and domain names and froze nearly $28 million in crypto assets, with the assistance of stablecoin issuer Tether.
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