Gujarat CID Crime’s Cyber Centre of Excellence has apprehended Ghulamali Qureshi, a 25-year-old resident of Mirzapur in Ahmedabad, in connection with an alleged international cryptocurrency syndicate. The syndicate is reported to involve transactions exceeding Rs 226 crore related to terror financing, dark web narcotics trade, money laundering, and cyber fraud.
Qureshi is accused of engaging in illicit cryptocurrency operations, converting “dirty crypto” into USDT through peer-to-peer platforms and mule bank accounts. This arrest follows an in-depth investigation that previously led to the apprehension of nine other suspects. Separate teams, led by Superintendent of Police Dr Rajdeepsinh Jhala, Sanjay Keshwala, and Vivek Bheda, were instrumental in the probe.
Blockchain analysis was utilized by investigators to track cryptocurrency transactions associated with the illicit online narcotics marketplace “ARTEMISLAB.CC.” It was discovered that funds from this platform were channeled into cryptocurrency wallets operated from Gujarat, including one linked to Mohsin Molani. The analysis of Molani’s wallet reportedly exposed financial transactions with wallets of nine other Indian users.
