Garantex Cryptocurrency Exchange Disrupted in International Operation

The Justice Department announced today a coordinated action with Germany and Finland to disrupt and take down the online infrastructure used to operate Garantex, a cryptocurrency exchange that allegedly facilitated money laundering by transnational criminal organizations (including terrorist organizations) and sanctions violations. Since April 2019, Garantex has processed at least $96 billion in cryptocurrency transactions.

From the U.S. Department of Justice: Read More