<h1>Lithuanian Founder of Garantex Arrested for Allegedly Laundering $96B in Crypto, Linked to Terrorism and Drugs</h1> The CBI and Kerala Police have arrested a Lithuanian national, the founder of cryptocurrency exchange Garantex, wanted by the US for allegedly laundering criminal proceeds through the platform. The individual is accused of facilitating at least USD 96 billion in illegal cryptocurrency transactions linked to various crimes, including terrorism and drug trafficking. The US Secret Service has charged him with conspiracy to commit money laundering, violating the International Economic Emergency Powers Act, and operating an unlicensed money-transmitting business. Following a US request, a provisional arrest warrant was issued, and US authorities have seized related domain names and frozen USD 26 million in funds.