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International cops seize ransomware crooks' favorite Russian crypto exchange

ID: d402735f-ead1-5254-85f8-915b5432bc6d

STIX ID: report--d402735f-ead1-5254-85f8-915b5432bc6d

Feed Name: The Register (Security)

Date Published: 2025-03-06

Date Updated: 2026-04-26

Author: Jessica Lyons

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International law enforcement, led by the US Secret Service with support from multiple US and European agencies, seized the domains of Russian cryptocurrency exchange Garantex, previously sanctioned for facilitating over $100 million in illicit transactions tied to cybercriminals and dark web markets, including proceeds from the Conti ransomware group and Hydra. The action follows EU sanctions and culminated with US prosecutors charging two alleged Garantex administrators.

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