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US charges admins of Garantex for allegedly facilitating crypto money laundering for terrorists and hackers
The administrators of Garantex, Aleksej Besciokov and Aleksandr Mira Serda, allegedly knew their crypto exchange was used to launder money, according to U.S. prosecutors.
The DOJ said that Garantex “received hundreds of millions in criminal proceeds and was used to facilitate various crimes, including hacking, ransomware, terrorism, and drug trafficking,” and that the exchange processed at least $96 billion in cryptocurrency transactions since 2019. In the indictment, prosecutors accuse Besciokov of personally allowing transactions linked to cybercriminals, including the North Korean-government hackers known as Lazarus Group. U.S. prosecutors alleged that Besciokov and Mira Serda knew that their crypto exchange was used for money laundering and actively worked to make that happen even when Russian authorities asked questions.
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