Tether (USDT) Freezes $28M on Sanctioned Russian Exchange Garantex

TLDR Tether froze over $28 million in Garantex wallets, forcing the Russian crypto exchange to halt operations The freeze came days after the EU added Garantex to its 16th sanctions list US Secret Service has reportedly seized online equipment linked to the exchange Garantex is known for serving Russian users looking to convert rubles to [.

Mar 7, 2025 - 10:20
Tether (USDT) Freezes $28M on Sanctioned Russian Exchange Garantex
USDTTLDR Tether froze over $28 million in Garantex wallets, forcing the Russian crypto exchange to halt operations The freeze came days after the EU added Garantex to its 16th sanctions list US Secret Service has reportedly seized online equipment linked to the exchange Garantex is known for serving Russian users looking to convert rubles to [.

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