Russian Crypto Exchange Seized By U.S. Secret Service
The Garantex exchange had been linked to Russian banks under western sanctions.
The U.S. Secret Service, in conjunction with international law enforcement agencies, has seized the website of Garantex, a Russian cryptocurrency exchange. The exchange is accused of having connections with sanctioned Russian banks and criminal organizations.
What’s the Scoop?
- International Collaboration: The operation involved the U.S. Secret Service and international law enforcement, highlighting cross-border cooperation in crypto regulations.
- Ties with Sanctioned Banks: Garantex has been linked to Russian banks under EU sanctions, with allegations of facilitating criminal activities.
- Long Time Coming: Garantex has been under investigation for years, making this a significant breakthrough for authorities.
Bankless
It’s time to break up with your bank, and join the movement for a better world.
