Crypto Comedy of Errors: Garantex’s Digital Demise in a Seized Tailspin!
International agencies have seized Garantex’s website, nearly three years post-U.S. Treasury sanctions for its shady crypto dealings. With a coalition of global law enforcers, including the FBI and Europol, this crackdown adds to the woes of the Russian-linked exchange. Garantex’s reaction? A Telegram post lamenting Tether’s wallet blockade.
Hot Take:
Looks like Garantex has finally met its match in the form of international law enforcement. It turns out being on the U.S. Treasury’s naughty list isn’t just a slap on the wrist, especially when you’ve been playing footsie with the darknet. Let this be a lesson: when the FBI, Europol, and a bunch of national police forces come a-calling, it’s probably game over for your crypto shenanigans. Maybe next time they’ll stick to less conspicuous hobbies, like knitting or extreme ironing.
Key Points:
- Garantex website seized by international law enforcement after earlier U.S. sanctions.
- Operation involved U.S. Secret Service, DOJ, FBI, Europol, and multiple national police forces.
- Crypto exchange linked to darknet markets and ransomware groups.
- European Union also sanctioned Garantex for ties with sanctioned Russian banks.
- Tether blocked Garantex wallets worth over 2.5 billion rubles, suspending all services.