The U.S. Secret Service, collaborating with global law enforcement partners, confiscated the website of Garantex, a Russian cryptocurrency platform accused of enabling illegal financial activities. Previously sanctioned by the U.S. and EU for its alleged role in laundering funds, the exchange abruptly halted operations post-seizure and disclosed that Tether had immobilized $28 million in digital assets on its platform. The Secret Service, with its international consortium of agency partners, dismantled Garantex’s online infrastructure, targeting its ties to darknet marketplaces (DNMs) and cybercriminal networks. Tech Crunch reported by Thursday afternoon (ET), the platform’s homepage displayed a notification confirming the domain’s confiscation, executed via a court order from the U.S. Attorney’s Office for the Eastern District of Virginia.

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