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Garantex

Russian cryptocurrency exchange

Garantex is a defunct Russian cryptocurrency exchange. The company provided an exchange of Russian rubles to cryptocurrencies and international money transfers.

Nº Q133733663 ★★

Uncommon · Organizations

Garantex

Russian cryptocurrency exchange

Garantex is a defunct Russian cryptocurrency exchange. The company provided an exchange of Russian rubles to cryptocurrencies and international money transfers.

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From Wikipedia

Garantex is a defunct Russian cryptocurrency exchange. The company provided an exchange of Russian rubles to cryptocurrencies and international money transfers. It was tied to sanctioned individuals following the 2022 Russian invasion of Ukraine, including the Russian government, criminal organizations, and terrorist groups, such as Hamas and Hezbollah, among other illicit actors. It was co-founded in 2019 by Stanislav Drugalev, Sergey Mendeleev and Aleksandr Mira Serda. After Tether blocked crypto wallets and seized clients' USDT in March 2025, the exchange announced restructuring and began the compensation process. Grinex, a cryptocurrency exchange launched in 2024 in Kyrgyzstan, is a successor of Garantex. Grinex was placed under U.S. sanctions in August 2025.

Text: Wikipédia, CC BY-SA 4.0. ·

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