Hydra and Garantex bitcoin exchange hit by US sanctions


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The US Department of the Treasury has imposed sanctions on the Hydra darknet marketplace and the Garantex cryptocurrency exchange.

In addition to the Hydra sanctions, the US Treasury’s Office of Foreign Assets Control (OFAC) has identified more than 100 crypto addresses associated with illegal transactions.

Earlier it became known that the German police confiscated the Hydra servers and seized 543 BTC.

At the beginning of March 2022, the exchange operator Garantex revoked the Estonian license to work with virtual currencies after discovering a number of systemic violations in its activities.

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