US Treasury Sanctions Garantex, Successor Grinex, and Executives in Crypto Crackdown
Garantex, Grinex, and executives face sanctions for allegedly processing over US$100 million (AU$153.97M) in illicit cryptocurrency. The exchange reportedly moved hundreds of millions in criminal proceeds linked to hacking, ransomware, terrorism, and drug trafficking. A7A5 stablecoin issuer Old Vector and subsidiaries were sanctioned, connected to Promsvyazbank and other sanctioned RussianContinue Reading