A Swiss blockchain analysis company suspects that Garantex is again active under the new name Grinex.
Garantex was because of a month ago Money laundering Received from the net, the founder was arrested. Now the Exchange still seems to make a restart.
Fahnung according to crypto bunner founder
Garantex was founded in 2019 by Aleksej Besciokov and Aleksandr Mira Serda and developed into a center of criminal activities. A total of transactions worth over $ 96 billion were processed (87 billion euros)-with connections to money laundering, sanction circumference and cybercrime.
In April 2022, the USA put Garantex on a sanction list because the platform on a large scale was involved in illegal financial flows and transactions for sanctioned Russian networks. Nevertheless, the stock exchange remained active.
According to the analysis company Elliptic were traded over garanex, with proven connections to Russian elites, Darknet markets and the notorious North Korean hacker group Lazarus.
Finally, Garantex was smashed by international cooperation between the USA, Germany and Finland. The investigation recently led to the arrest of Besciokov in the Indian state of Kerala at the request of the US authorities.
Restart as a grinex?
A current report by Global Ledger, a Swiss blockchain analysis company, provides convincing indications that Grinex is the direct successor to Garantex.
Not only were Garantex’s wallets transferred almost directly to Grinex-the trading volume of the new provider also exceeded $ 40 million within two weeks.
In addition, the complete inventory of the ruble -covered stable coins A7A5, which previously belonged to Garantex, was postponed to Wallets, which are now under the control of Grinex.
According to Lex Fisun, CEO of Global Ledger, both on-chain data and off-chain signals support the connection. These include, for example, the almost identical platform interface, common social media accounts and statements of previous users who physically transferred their credit from Garantex to Grinex-including in offices in Europe and the Middle East.
A cryptic telegram contribution by Garantex co-founder Sergey Mendeleev, provided with two laughing emojis, also raises questions about the seriousness of the restart.