
The US Treasury Department has re-designated
Moscow-based cryptocurrency exchange Garantex and sanctioned its successor,
Grinex, along with three executives and six associated companies in Russia and
the Kyrgyz Republic. Officials say Garantex processed more than $100
million in illicit transactions since 2019, including funds tied to ransomware
attacks and darknet markets.“Digital assets play a crucial role in global innovation and
economic development…
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