The news came after the European Union sanctioned Garantex on Feb. 26 as part of the 16th package of sanctions on 'Russia’s war of aggression against Ukraine.'
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Tether freezes $27M USDT on sanctioned Russian exchange Garantex
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The European Union sanctioned Garantex in February 2025 due to its ties to Russian banks, criminal organizations, and its role in helping Russia bypass Western sanctions amid the war in Ukraine.
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