The US Department of Justice accuses Garantex managers of operating a cryptocurrency money laundering business worth billions of dollars

Odaily Planet Daily News: The US Department of Justice announced coordinated action with Germany and Finland to shut down the online infrastructure used to operate the cryptocurrency exchange Garantex. Garantex is alleged to have facilitated money laundering and sanctions violations for transnational criminal organizations, including terrorist groups. Since April 2019, Garantex has processed at least $96 billion in cryptocurrency transactions. Two managers of Garantex are accused of operating a cryptocurrency money laundering service worth billions of dollars.