According to the Swiss blockchain analytics company, the Crypto Exchange Grantage has allegedly returned under a new name after robbing millions of people in ruble-supported stabelcoin.
Global laser claims that operators of the Russian Exchange have transferred liquidity and customer deposits to Ginex, which they say in a report is “full successor of guarantex”. Issued X on 19 March.
“We can confidently tell that Gennex and Garantax are directly connected to both Onchain and Offchen.”
The global laser team said, “The systematic transfer of the A7A5 liquidity, the use of the wallet of one-time use, and the movement of money already associated with the gentlex offer the movement of funds, the movement of funds,” Global Laser Team Said In the report.
After completing its investigation on March 13, Global Laser says she received onchain data Show Garantux called ruble-supported stabilcoins worth more than $ 60 million to A7A5 and sent them to the address associated with Ginex.
Global laser claims that Garantax has transferred all its funds to a newly launched exchange and returned to business. Source: Global account
The team said, “In this case, the burning and subsequent mint process was used to rob the funds from the guaranteex, allowing new coins to be mined with a system address with a clean history,” the team said.
A guaranteex manager also allegedly told the global laser that the customers are visiting the exchange office in the person and taking funds from Garantax to Grinux.
“Additionally, offchin indicators, such as transaction patterns, comments and exchange behavior, further strengthening this connection,” said this.
The report also indicates the details of the Grinex on the Russian Crypto Tracking Site Coinmarcating, Claim The owners of the guaranteex built it. Reports stated that it shows that “Gennex is not an independent unit, but a complete heir to Garntux, which continued its financial operation despite the official shutdown of the exchange.”
Source: Global account
According to the global laser, until March 14, the amount of transactions on Ginex was about $ 30 million. Coincidentally Show The amount of trade for the month is now more than $ 68 million, with a spot trading $ 2 million topping.
The American department of the Treasury’s office first hit the Office of Foreign Property Control in April 2022 with sanctions for alleged money laundering violations.
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On March 6, US justice department Cooperated To freeze the domain associated with guarantex with authorities in Germany and Finland, claiming that they have processed a criminal income of over $ 96 billion since the launch in 2019.
StableCoin operator Tather also settled $ 27 million in Tether (USDT) on 6 March, forcing Garantex to stop all functions including withdrawal.
A few days later, on 12 March, officials of the Central Bureau of Investigation of India arrested Alexz Bekiocov, who reportedly operated the gecentaux, which included a conspiracy to have money laundering on US allegations.
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