Indian authorities have arrested a cryptocurrency exchange administrator at the request of the United States. The individual is accused of running a $96 billion crypto exchange and is facing allegations of conspiracy related to money laundering and violations of sanctions. The arrest was confirmed by India's top crime-fighting bureau, which stated that the suspect has links to Russia. This action underscores the ongoing international cooperation in addressing financial crimes and regulatory compliance in the cryptocurrency sector.
At US request, India arrests #Crypto administrator accused of money laundering https://t.co/G0y5kiB800
India arrests man accused of running US$96 billion crypto exchange at request of U.S. https://t.co/XwwDTMWBP0 https://t.co/VTcwSzAVyC
India arrests crypto administrator with Russia links wanted by US https://t.co/YpStVB8IMy