Tag: Garantex

Crypto Exchanges to Avoid if You Are Russian: Risks, Scams, and Legal Dangers
Cryptocurrency

Crypto Exchanges to Avoid if You Are Russian: Risks, Scams, and Legal Dangers

Russian citizens face serious legal and financial risks using unlicensed crypto exchanges like Garantex, Exved, and Grinex. These platforms enable sanctions evasion and are now targeted by both Russian authorities and U.S. sanctions. Using them can lead to frozen funds, criminal investigations, or even prison.

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