EU CRIPTTO EKCHANGEEX Sanctions GARANTEX Over its connections to blacklist banks

The European Union overturned the new circle of sanctions, adding a CRIPTO Exchange Guarantex, which is already in black treasury in the black treasury of Ofac.

The European Union has added Russian CRIPTO Exchange Guarantex on the Sanctions List as part of the new round of penalties directed to combat financial networks that support Moscow.

Guarant, which has already been settled by the US State Property Office in 2022. year, in the sixteenth package of Sanctions in the sixteenth EU, which is the target of 48 individuals and 35 entities “directly support Russian war effort,” EU Council in February 24 said announcement.

The Council also pointed out that it decided to sanction criptocurrency exchange with its headquarters in Russia, which is “closely related to Russian banks with EU Sanctions”.

“For the first time, the Council also decided to sanction, exchange office with a CRIPTO-Currency based in Russia, guarantor, which is closely related to Russian banks with EU sanctions.”

EU Council

The package also includes sanctions for companies that help Russia, bypassing trade restrictions, three companies moving Russian crude oil and Chinese satellite providers accused of helping the Russian army. News are also targeted by the accused of spreading cremin propaganda.

The European Union is now sanctioned over 2,400 individuals and entities related to Russia, with officials who speak that they are ready to put more sanctions if necessary.

April 2022. year, April 2022. years, from guarantex, was previously sanctioned in April 2022. Years indicate Its participation in exemplit transactions related to illegal actors and markets, including funds from Russia Ransoft-AS-A-Service Conta and Sad-Defunctct Hydra DarkNet Market.