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U.S. and European authorities seized Garantex's domain name and froze $26 million in assets."

Internet reports that U.S. and European authorities have seized Garantex's domain name and frozen $26 million in assets, accusing the Russia-linked cryptocurrency exchange of laundering billions of dollars for cybercriminals and sanctioned entities. Two executives, Aleksej Besciokov and Aleksandr Mira Serda, have been charged in connection with a money-laundering conspiracy, and Besciokov also faces additional sanctions violations. Garantex allegedly handled $96 billion worth of cryptocurrency transactions, including ransomware and dark web drug sales.

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