Indian authorities have arrested a Lithuanian man wanted by the US for allegedly running a $96 billion cryptocurrency exchange that allowed terrorist organizations, drug traffickers and cybercriminals to launder money.
The arrest caps an intense US-led manhunt for Aleksej Besciokov, that escalated last week with the seizure of the crypto exchange, the freezing of $26 million in assets and the unsealing of an indictment against Besciokov and an alleged accomplice. The US is expected to pursue Besciokov’s extradition to the US Eastern District of Virginia in what would be a big win in the yearslong battle against money laundering services that allegedly fuel global crime and terrorism.
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Source: CNN News
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