India Takes Action Against Crypto Crime with Arrest of Aleksej Besciokov

As a part of India’s ongoing combat on crypto-related financial crimes, authorities have arrested Aleksej Besciokov, reportedly linked to the cryptocurrency exchange Garantex—a platform accused of facilitating illegal transactions, previously sanctioned by the U.S. for its alleged ties to criminal networks and stands accused of enabling unlawful financial activities. As the investigation unfolds, more details about Besciokov’s charges are expected to come out. The real question is—will this arrest send a strong message, or will crypto criminals just find sneakier ways to operate?