The operators of the sanctioned crypto exchange Garantex have reportedly spun up a new trading platform, according to analytics firm Global Ledger. The new exchange, Grinex, is also allegedly operated out of Russia.
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Operators of shuttered Russian crypto exchange Garantex appear to move customer funds to a new trading platform
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Garantex, Russian crypto exchange, after being shut down by for sanctions violations and alleged money laundering, has reportedly re-emerged as Grinex, with blockchain analytics firm Global Ledger presenting evidence that it is a direct continuation of the original platform
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Grinex, emerging as the spinoff to the shuttered Russian crypto exchange Garantex, reinforces concerns about the resilience of cybercriminal networks in the crypto space
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