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Russian Exchange Garantex Halts Services as Tether Freezes $28M in USDT Tokens 

March 6, 2025
in Bitcoin
Reading Time: 1 min read
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Russian Exchange Garantex Halts Services as Tether Freezes $28M in USDT Tokens 
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Tether, the largest stablecoin issuer, has immobilized roughly $28 million in USDT tokens on Garantex, a cryptocurrency platform based in Russia. This measure corresponds with the European Union’s sanctions against Garantex, which allege ties to Russian governmental entities and illicit networks, particularly amid Russia’s military operations in Ukraine. Garantex Warns Users: ‘All USDT in Russian […]
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