U.S. Sanctions Garantex and Grinex Over $100M in Ransomware-Linked Illicit Crypto Transactions

Source: The Hacker News | Added:

The U.S. Department of the Treasury's Office of Foreign Assets Control has renewed sanctions against the Russian cryptocurrency exchange Garantex for facilitating over $100 million in ransomware-linked transactions since 2019. Additionally, sanctions have been imposed on Garantex's successor, Grinex, for similar illicit activities.

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Impact: Not specified

In the Wild: No

Age: Newly disclosed

Remediation: Not specified

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