Top News 🤯🤯 Garantex Founder Nabbed in India!
Aleksej Besciokov, co-founder of the sanctioned Russian crypto exchange #GarantexShutdown , was arrested in India on money laundering charges. The U.S. Department of Justice alleges Garantex processed over $96 billion since 2019, facilitating crimes like hacking, ransomware, and drug trafficking.
Despite OFAC sanctions in 2022, the exchange continued operations, reportedly handling more than $60 billion post-sanctions.
This arrest underscores the escalating global crackdown on illicit crypto activities.