logo
logo
  • Home
  • About Tripura
    • Tripura
    • Governon
    • Chief Minister
    • Council of Ministers
  • Tripura
  • National
  • International
  • Lifestyle
  • Spotlight
  • Sports
  • Jobs/Tender
  • Photo Album

US-wanted Lithuanian man arrested in Kerala for $96 billion crypto laundering

By IBNS
Mar 13, 2025..

Thiruvananthapuram: A Lithuanian national wanted in the US for orchestrating a massive cryptocurrency fraud has been arrested in Kerala, media reports said.


The accused, Aleksej Besciokov, allegedly established the crypto exchange 'Garantex' to launder proceeds from crimes such as ransomware, hacking, and narcotics trade, reported NDTV.

Authorities nabbed Besciokov as he was attempting to flee the country.

According to US Secret Service documents, Besciokov allegedly managed and operated Garantex for nearly six years, facilitating at least $96 billion (over ₹8 lakh crore) in illicit cryptocurrency transactions for transnational criminal networks, including terrorist organisations, while also violating sanctions, NDTV reported.

"Garantex received hundreds of millions in criminal proceeds and was used to facilitate various crimes, including hacking, ransomware, terrorism, and drug trafficking, often with substantial impact to US victims," the US Secret Service was quoted as saying by NDTV reported.

Officials stated that Besciokov served as Garantex’s primary technical administrator, overseeing its infrastructure and approving transactions.

He faces multiple charges in the US, including conspiracy to commit money laundering under Title 18 of the US Code, violating the US International Emergency Economic Powers Act, and running an unlicensed money services business.

The US sanctioned Besciokov in April 2022.

Earlier this week, the Ministry of External Affairs received a provisional arrest warrant at the request of US officials.

Acting on this, a joint operation by the Central Bureau of Investigation (CBI) and Kerala police led to his arrest in Thiruvananthapuram.

Leave a Reply
Post comment
Related News
Centre issues notices to Amazon, Flipkart over sale of Pakistani flags, merchandise
May 14, 2025..
'Gutter language': Madhya Pradesh HC slams minister's remarks on Col Sophia Qureshi, orders FIR
May 14, 2025..
'Gutter language': Madhya Pradesh HC slams minister's remarks on Army Colonel, orders FIR
May 14, 2025..
China’s arms export ambitions jolted as India’s Operation Sindoor exposes weaknesses in Pakistani arsenal: Report
May 14, 2025..
Amit Shah hails execution of 31 Maoists in Kurraguttalu Hill, calls it 'historic achievement'
May 14, 2025..
Newsletter

Subscribe For Northeast Herald News And Receive Daily Updates

logo

Northeast Herald starts its journey from Tripura state capital city Agartala to cover the entire Northeast region of India for the latest news, news photos, and the latest photos to promote the great cultural, historical and traditional identity of the region.

  • Twitter Icon
  • About Tripura
  • About Northeast
  • National News
  • Tripura News
  • International
  • Entertainment
  • Spot Light
  • Article Us
  • Health
  • Lifestyle
  • Top News
  • Sports
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookies Policy
  • Code of Ethic
  • Site Map
  • Rss Feeds

Copyright © Northeast Herald. All Rights Reserved