Russian Crypto Exchange Seized By U.S. Secret Service

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.