{"id":212912,"date":"2025-03-07T18:27:30","date_gmt":"2025-03-07T16:27:30","guid":{"rendered":"https:\/\/99bitcoins.com\/?p=212912"},"modified":"2025-03-07T18:27:56","modified_gmt":"2025-03-07T16:27:56","slug":"russias-secret-service-just-seized-a-russian-crypto-exchange-hyperbitcoinization-race-is-on","status":"publish","type":"post","link":"https:\/\/99bitcoins.com\/news\/russias-secret-service-just-seized-a-russian-crypto-exchange-hyperbitcoinization-race-is-on\/","title":{"rendered":"Russia’s Secret Service Just Seized a Russian Crypto Exchange: Hyperbitcoinization Race is On?"},"content":{"rendered":"

Garantex, the Russian crypto exchange with alleged ties to shady banks and criminal networks, is gone\u2014its website yanked offline by the Russian Secret Service in coordination with global enforcement<\/a>.<\/p>\n

This takedown, years in the making, wasn\u2019t subtle. US and European regulators have been circling for ages, using Garantex as a poster child for what happens to unregulated platforms<\/a> that stray too close to the fire. The message? The noose is tightening for crypto outlaws.<\/p>\n

DISCOVER:\u00a0Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/a><\/strong><\/p>\n

A Coordinated Crackdown On Russian Crypto Exchange Garantex<\/h2>\n

The Garantex site is dead, replaced by a blunt seizure notice from the US and Russian Secret Service. Moreover, spokesperson Nate Herring confirmed the takedown as part of an \u201congoing investigation,\u201d though details remain under wraps.<\/p>\n

\n

\ud83d\udea8BREAKING \ud83d\udea8<\/p>\n

All Russian Wallets With $USDT<\/a> Are Under Danger!<\/p>\n

Earlier this morning, Garantex Exchange anounced that @Tether_to<\/a> had frozen \u20bd2.5B(RUB) worth of $USDT<\/a> on their wallets.<\/p>\n

And just recently, their website https:\/\/t.co\/IFVH21W9dV<\/a> has been taken down.<\/p>\n

It is reported\u2026 pic.twitter.com\/B0E4drbl8P<\/a><\/p>\n

\u2014 enCRYPT0 (@0xEncrypto) March 6, 2025<\/a><\/p><\/blockquote>\n