Aleksej Besciokov, co-founder of the Garantex cryptocurrency exchange, was arrested by Indian police following an indictment from the U.S. for money laundering, linked to North Korean hackers. His arrest, authorized by India's Patiala House Court, suggests international cooperation in tracking down crypto-related crimes. Authorities confirmed his detention under extradition law, indicating he faces charges not related to crimes committed in India. Besciokov will appear in court to confront the U.S. allegations, showcasing the interconnection between global financial regulation and cybersecurity challenges.
Indian police have arrested Aleksej Besciokov, co-founder of the sanctioned cryptocurrency exchange Garantex, under its extradition law linked to charges from the U.S.
Authorities indicate that Besciokov's arrest stems from a U.S. indictment related to facilitating transactions for North Korean hackers and money laundering.
The arrest is significant as it highlights international cooperation in tackling cryptocurrency-related crimes, especially those with links to cybercriminals.
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