U.S. Secret Service Seizes Domains Linked to Russian Cryptocurrency Exchange Garantex
WASHINGTON – In a significant international law enforcement operation, the United States Secret Service has seized website domains associated with the Russian cryptocurrency exchange Garantex and frozen multiple cryptocurrency assets linked to it. This action is part of efforts to combat sanctions violations and money laundering by transnational criminal organizations, including terrorist groups.
Key Highlights:
- "The seizure of website domains associated with Garantex’s operations and the freezing of over $26 million in cryptocurrency strikes a serious financial blow to cybercriminals worldwide," said Michael Centrella, Assistant Director of the U.S. Secret Service’s Office of Field Operations.
- Garantex has processed at least $96 billion in cryptocurrency transactions since April 2019 and is implicated in facilitating various crimes