Garantex Operator Aleksej Besciokov Arrested in India: Report
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Mar 12 2025Arrest of Garantex Operator: Aleksej Besciokov, a Lithuanian national and operator of the sanctioned Russian cryptocurrency exchange Garantex, was arrested in India while on vacation. His arrest follows a coalition of international law enforcement seizing Garantex's domains and freezing nearly $28 million in crypto linked to the exchange.
Charges and Criminal Activities: Besciokov and another operator have been charged with money laundering conspiracy for allegedly facilitating money laundering for criminal organizations, including North Korea’s Lazarus Group, and playing a significant role in sanctions evasion for Russian oligarchs.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
