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Binance News: U.S. Secret Service Seizes Russian Crypto Trading Platform Garantex

Binance News: U.S. Secret Service Seizes Russian Crypto Trading Platform Garantex

Published:
2025-03-07 08:42:53
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In a significant move, the U.S. Secret Service has collaborated with international law enforcement agencies to seize and remove the website of the Russian crypto exchange Garantex. Allegations of ties to sanctioned Russian banks and criminal groups have led to this drastic action, marking a significant development in the cryptocurrency space.

Russian Crypto Trading Platform Garantex Seized by Secret Service

The U.S. Secret Service, with international law enforcement, seized and removed the website of Russian crypto exchange Garantex, citing alleged ties to sanctioned Russian banks and criminal groups. The Garantex homepage is currently timing out, and a spokesperson for the Secret Service said that the seizure was part of an ongoing investigation. The action follows shortly after stablecoin issuer Tether froze $28 million in USDT on the exchange.

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