GuShiio.com GuShiio.com learned that the U.S. Department of Justice, in conjunction with law enforcement agencies in Germany and Finland, cracked down on Garantex, a cryptocurrency exchange suspected of assisting transnational criminal organizations in money laundering, seized its website domain name and froze US$26 million in funds involved in the case. Garantex has handled a total of US$96 billion in crypto transactions since 2019, involving illegal activities such as hacking, ransomware, and terrorist financing. Two main operators, Aleksej Besciokov and Aleksandr Mira Serda, have been charged with money laundering, violating sanctions and illegally operating a financial business.
Garantex is a Russian cryptocurrency exchange. It was originally registered in Estonia in 2019. Founder Stanislav Drugalev passed away mysteriously in Dubai in February 2021. Previously, Tether said it had frozen Garantex’s USDT worth US$27 million, causing the platform to suspend all trading and withdrawal services and the website to enter maintenance status.
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