India Makes Arrests Crypto Administrator At US's Request, Accused Of Money Laundering | News18

WASHINGTON, - Indian authorities arrested at Washington's request a cryptocurrency exchange administrator accused of money laundering conspiracy and violating sanctions, India's top crime fighting bureau said on Wednesday.

The United States, Germany and Finland took down the online infrastructure used by the Russian cryptocurrency exchange Garantex, the U.S. Justice Department said last week, adding that two administrators of the exchange were charged.

One of those administrators was Aleksej Besciokov, a Russian resident and Lithuanian national who was charged with money laundering and also faced accusations of violating sanctions and operating an unlicensed money-transmitting business, the Justice Department said on Friday.