Indian Police has arrested the co-founder of garantex, a russian cryptocurrency exchange sanctioned by the european union and the US government, undia India’s extraction law, Techcrunch Has Exclusively Learned and Confirmed With State Authorities.
At 4 PM Local Time (3:30 AM PT) on Tuesday, The State Police of Kerala Arrested Lithuanian National Aleksej Besciokv in the Coastal Municipality of Varkala, A State Police Offirst CONFIMEDE THE Techcrunch.
The police official said the Patiala House Court in New Delhi Issued the Arrest Warrant Against Besciokov.
Last Week, The US department of justice accuses besciokov of personally approving transactions on Garantex Linked to North Korea-Government Hackers and other cybercriminals, criminally charging besciok for facilitating meoney laundering on the Crypto Excite.
The police official declined to say wheether the Arrest was a result of Besciokov’s indictment in the united states. But giving
Shortly after the Arrest, Besciokov was produced before the local court in the district, and will be taken to the patiala court on Monday to face the charges, the police official TOLD TOLD THCRUNCHCH.
Details about the extradition charges were not immediatively public. Krebsonsecurity First reported Besciokov’s arrest on tuesday.
Garantex did not respond to techcrunch’s request for comment about Besciokov’s arrest.
The Doj, FBI, and Secret Service Did Not Immedited to a request for comment.
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Do you plan to Attend the meeting at Garantex’s Office? Or do you have more information about the exchange? From a non-lawk device and network, you can contact lorenzo franceschi-bicchierai securely on Signal at +1 917 257 257 1382, or via telegram and keybase @LeGram and KEYBASE email, You also can contact techcrunch via Securedrop,
Besciokov was indicated along with Russian National Aleksandr Mira Serda, Who Co-Founded Garantex and Lives in the United Arab Emirates.
The two administors, according to us prosecutors, “Redesigned Garantex’s Operations to Evade and VioS Us Sanctions and Induce Us Us Us Businesses to Unwittingly TRANSACT with GARANTEX in Violation of the Sanctions. “
Last Week, The US Secret Service Seized Garantex’s Websites after the justice department unseled its indictment against Besciokov and SerdaUs Authorities also froze more than $ 26 million in Cryptocurrency.
Since then, Garantex has suspended its operations, and invited customers to “face-to-face meetings” At Its Office in the Russian Capital Moscow after Coming Up with An UnSPECFIED “Solution for Blocked Assets.”
On Tuesday, Garantex Sent Techcrunch a Press Release Saying That that “Despite the UnprecedenD Nature of the Situation, Garantex is Not Abdoning Its Obligations to its users and intends to fully compensate for Blocked User Assets at the Expensese of its existing assets in russian federation territory through a procedure similar to the financial institution rehabilitation rehabilitation procedure. “
“Garantex’s Activities will cease after the rehabilitation procedure is complete, with the exception of the Compliance Department,” The Press release states.