Co-founder of the sanctioned Russian crypto exchange Garantex arrested in India

BlockBeats News, March 13th, according to TechCrunch report, Aleksej Besciokov, co-founder of the sanctioned Russian cryptocurrency exchange Garantex, was arrested in India while on vacation. Besciokov faces charges of money laundering conspiracy, violating sanctions conspiracy, and operating an unlicensed money transmission business. Last week, an international law enforcement operation composed of the United States, Germany, and Finland seized Garantex's servers and domain names, and froze nearly $28 million in encrypted assets, with assistance from stablecoin issuer Tether.