US Puts a $6 Million Bounty on Heads of Russian Crypto Exchange Garantex

U.S. intensifies crackdown on Garantex, linking it to $96B in illicit crypto flows Treasury sanctions Garantex and successor Grinex, plus executives and affiliates State Dept offers $6M rewards for intel on Garantex leaders in global crime network The United States has launched a major crackdown on Garantex, a Russian-operated cryptocurrency exchange accused of handling massive illicit transactions. In a coordinated move, the Departments of State and Treasury announced new measures targeting the exchange and its network, which officials say has processed billions for cybercriminals. The exchange, which operates globally but is linked to Moscow, has been connected to laundering the proceeds from hacking, ransomware, and terrorism financing. Multi-Million Dollar Bounty The State Department’s Transnational Organized Crime Rewards Program is now offering up to $6 million for information on the Garantex leadership. This includes a reward of up to $5 million for Russian national Aleksandr Mira Serda. An additional $1 million is on the table for other senior figures within the organization. U.S. officials are urging anyone with credible information to c… The post US Puts a $6 Million Bounty on Heads of Russian Crypto Exchange Garantex appeared first on Coin Edition .