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Russian Garantex cryptocurrency exchange targeted in international operation, US says

Published by Global Banking & Finance Review

Posted on March 7, 2025

1 min read

· Last updated: January 25, 2026

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WASHINGTON (Reuters) - The United States, Germany and Finland have taken down the online infrastructure used by the Russian cryptocurrency exchange Garantex, the U.S. Justice Department said on Friday

US, Germany, and Finland Disrupt Russian Garantex Crypto Exchange

WASHINGTON (Reuters) - The United States, Germany and Finland have taken down the online infrastructure used by the Russian cryptocurrency exchange Garantex, the U.S. Justice Department said on Friday, adding that two administrators of the exchange were also charged.

(Reporting by Ryan Patrick Jones and Susan Heavey: Editing by Caitlin Webber)

Key Takeaways

  • US, Germany, and Finland collaborated to disrupt Garantex.
  • The operation targeted the exchange's online infrastructure.
  • Two administrators of Garantex were charged.
  • The US Justice Department announced the operation.
  • The action is part of an international crackdown on crypto crime.

Frequently Asked Questions

What countries were involved in the operation against Garantex?
The operation involved the United States, Germany, and Finland.
What was the purpose of the international operation?
The operation aimed to take down the online infrastructure used by the Russian cryptocurrency exchange Garantex.
Who announced the takedown of Garantex?
The U.S. Justice Department announced the takedown of Garantex's online infrastructure.

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