U.S. and European authorities seized Garantex's domain name and froze its $26 million assets, accusing the Russia-linked cryptocurrency exchange of laundering billions of dollars for cybercriminals and sanctioned entities. Two executives, Aleksej Besciokov and Aleksandr Mira Serda, have been indicted for money laundering conspiracy, and Besciokov faces additional sanctions violations. Garantex allegedly handled $96 billion worth of cryptocurrency transactions, including ransomware and dark web drug sales.