Russia Revives Blacklisted Crypto Empire Garantex to Outrun Sanctions

Sanctioned Russian exchange Garantex is quietly moving funds again, according to an on-chain payout architecture uncovered by blockchain analytics firm Global Ledger.   The forensic evidence confirmed that Russian actors have rebuilt a functioning payout system despite law enforcement efforts. Garantex Quietly Moves Millions A new investigation by Global Ledger reveals that Garantex, a Russian crypto exchange previously hit by Western sanctions and a server seizure, is still managing to move large sums of money.   Researchers have uncovered new Garantex-linked wallets on Bitcoin and Ethereum that, together, hold more than $34 million in cryptocurrency source: https://beincrypto.com/russia-revives-blacklisted-crypto-empire-garantex/