Following the global takedown of sanctioned crypto exchange Garantex, TRM Labs analyzes the emergence of Grinex — a likely rebrand based in Kyrgyzstan — and the role of the A7A5 stablecoin in sanctions evasion. Learn how high-risk platforms like Grinex, ABCEX, and Rapira are reshaping the crypto risk landscape for compliance teams worldwide.| www.trmlabs.com
Indian authorities arrested Aleksej Besciokov, the co-founder and one of the administrators of the Russian Garantex crypto-exchange while vacationing with his family in Varkala, India.| BleepingComputer
The U.S. Treasury's Office of Foreign Assets Control (OFAC) has sanctioned two individuals and two companies associated with North Korean IT worker schemes that operate at the expense of American organizations.| BleepingComputer
The U.S. Secret Service has seized the domain of the sanctioned Russian cryptocurrency exchange Garantex in collaboration with the Department of Justice's Criminal Division, the FBI, and Europol.| BleepingComputer
The administrators of the Russian Garantex crypto-exchange have been charged in the United States with facilitating money laundering for criminal organizations and violating sanctions.| BleepingComputer
The Federal Bureau of Investigation (FBI) warns of scammers posing as employees of cryptocurrency exchanges to steal funds from unsuspecting victims.| BleepingComputer