Crypto Crackdown: Secret Service Zaps Russian Exchange Garantex in Global Takedown!
The U.S. Secret Service, with global allies, seized the domain of Russian crypto exchange Garantex. This digital showdown followed sanctions and wallet blocks by Tether, leaving Garantex in a pickle worth over 2.5 billion rubles. Despite Estonia’s previous license yank for shady dealings, Garantex continued its crypto capers.
Hot Take:
Looks like Garantex got a front-row seat to the “Crypto Summer Blockbuster: When Law Enforcement Strikes Back.” With more agencies involved than an Avengers movie, this takedown is sure to give the Russian crypto market some serious trust issues. But hey, who needs money laundering when you have a secret service domain seizure party?
Key Points:
- U.S. Secret Service seized the domain of Russian crypto exchange Garantex.
- Action involved multiple international law enforcement agencies.
- Tether blocked Garantex’s digital wallets following EU sanctions.
- Garantex previously sanctioned for ties to darknet markets and cybercrime.
- OFAC continues to target crypto exchanges linked to criminal activities.
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