India, March 13 -- The Central Bureau of Investigation and the Kerala Police have arrested a Lithuanian individual whom the United States wanted for setting up cryptocurrency exchange Garantex, allegedly to launder the proceeds of criminal activities from a homestay located in the southern town of Varkala.

The arrested person was identified as 46-year-old Aleksej Besciokov.

He was planning to escape from India.

"On a request submitted by USA, Ministry of External Affairs acting under the Extradition Act, 1962 got issued a Provisional arrest warrant on 10.03.2025 against the subject from ACJM Patiala House Court in Delhi," the central probe agency said.

He will be produced before the Patiala House Court by the Kerala Police.

As per US...