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  • 1 year ago
Indian authorities arrested at Washington's request a cryptocurrency exchange administrator accused of money laundering conspiracy and violating sanctions, Thiruvananthapuram Deputy Inspector General Ajeetha Begum confirmed on Friday (March 14).

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00:00His name is Alexej Bessioko and he is involved in a huge money laundering case.
00:06There are charges of money laundering as well as conspiracy to operate unlicensed business in US.
00:11So this case is existing now in eastern district of Virginia and so he has been absconding.
00:18He did not appear for the hearing there. That's how this warrant has been issued against him.
00:22The kind of ransomware attacks that he has done, he has even laundered the money which are involved in narcotic transactions and online sexual abuse of children.
00:35All this kind of money has been pumped into his exchange which is called as Garantix cryptocurrency exchange.
00:42So he is operating that and on 11th March around 4pm we were able to apprehend him.
00:51For more information visit www.FEMA.gov
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