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U.S. Treasury Sanctions Crypto Exchange for Illegal Activity 🔒
The U.S. Treasury Department has taken action against a cryptocurrency exchange called Garantex, along with some related networks. They say the exchange helped criminals, including those involved in ransomware, by processing over $100 million in illegal transactions. This news shows that even with a crypto-friendly approach, the U.S. government is still focused on cracking down on criminal activity in the space.
#CryptoSecurityIncidents #HotJulyPPI $BTC $ETH
#OFA
#MarketTurbulence
The U.S. Treasury Department has taken action against a cryptocurrency exchange called Garantex, along with some related networks. They say the exchange helped criminals, including those involved in ransomware, by processing over $100 million in illegal transactions. This news shows that even with a crypto-friendly approach, the U.S. government is still focused on cracking down on criminal activity in the space.
#CryptoSecurityIncidents #HotJulyPPI $BTC $ETH
#OFA
#MarketTurbulence
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