Authorities in India have arrested Aleksej Besuco, a Lithuanian citizen and Russian resident, for allegedly helping cybercriminals launder money and violate sanctions. Besuco was one of the administrators of Garantex, a Russian cryptocurrency exchange, and was responsible for reviewing and approving its transactions. He was arrested in the southern state of Kerala on Tuesday. According to the US Justice Department, Besuco was also accused of violating sanctions and operating an unlicensed money transmitting business. Garantex was sanctioned by the US Treasury Department in 2022 but then “redesigned” its operations to evade sanctions and induce American businesses into working with them. Besuco will now be produced in a court in Delhi and it is unclear when he will be extradited to the US.

Source: https://www.bbc.com/news/articles/ce30kvxyqe5o