CryptoNews.com.au
The US Treasury’s Office of Foreign Assets Control (OFAC) has taken action against the Russian cryptocurrency exchange Garantex and its successor, Grinex. The sanctions target the platforms for allegedly facilitating illicit transactions exceeding US$100 million (AU$153.97 million) since 2019. OFAC has redesignated Garantex Europe as a sanctioned entity and targeted Grinex…
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US Treasury Sanctions Garantex, Successor Grinex, and Executives in Crypto Crackdown
Rachel Lourdesamy
06:26
The US Treasury’s Office of Foreign Assets Control (OFAC) has taken action against the Russian cryptocurrency exchange Garantex and its successor, Grinex. The sanctions target the platforms for allegedly facilitating illicit transactions exceeding US$100 million (AU$153.97 million) since 2019. OFAC has redesignated Garantex Europe as a sanctioned entity and targeted Grinex…
