The sanctioned Russian Garantex exchange is quietly moving funds again, according to the profit structure on the chain revealed by blockchain analytics firm Global Ledger.

The forensic evidence confirmed that Russian entities have rebuilt a compensation system that operates despite law enforcement efforts.

Garantex quietly moves millions

A new investigation by Global Ledger reveals that Garantex, a Russian cryptocurrency exchange that previously faced Western sanctions and server seizure, is still managing to transfer large sums of money.