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A co-founder of the Russian crypto exchange Garantex has reportedly been arrested by police in India under the country’s extradition laws, according to TechCrunch. Kerala State police arrested Aleksej Besciokov at 4pm IST yesterday in the coastal region of Varkala, where he was reportedly holidaying with his family.  Last week, the US charged Besciokov, who is Garantex’s main technical administrator, with facilitating money laundering for transnational criminal organizations and conspiracy to violate sanctions. In conjunction with Germany and Finland, the US also seized Garantex’s online domains . Just before this, Tether froze $27 million worth of USDT on the platform, which Garantex called a “war against the Russian crypto market.” According to the US, Garantex has processed at least $96 billion worth of crypto transactions for the past six years.  Garantex says ‘USDT in Russian wallets under threat’ as Tether freezes $27M Read more: Russ...

Jarett Dunn, aka @STACCoverflow, arrested in London for Solana memecoin exploit. Dunn used flash loans to manipulate pump.fun, stealing $2 million in liquidity. Released on bail, Dunn confessed online, citing mental health struggles and grief The alleged orchestrator of the recent Solana memecoin protocol pump.fun exploit , Jarett Dunn, known online as @STACCoverflow, has been arrest ed in London. The arrest follows a sophisticated 26-hour intelligence operation spearheaded by a third-party stakeholder who had enlisted a private intelligence firm to track Dunn’s activities. Jarett Dunn arrested in Middle Eight Hotel The operation culminated in the early hours of May 18 when local operatives, or “auxiliaries,” pinpointed Dunn’s location at the Middle Eight Hotel in Covent Garden. After a seven-hour search, British authorities apprehended Dunn, who has since been released on bail pending his court appearance in August. The Pump.fu...