US Imposes Sanctions on Darknet Marketplace Hydra and Exchange Garantex
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The US Department of the Treasury has imposed sanctions on darknet marketplace Hydra and cryptocurrency exchange Garantex.

The US Treasury's Office of Foreign Assets Control (OFAC) has identified more than 100 crypto addresses associated with illegal transactions.

According to the investigation conducted by the agency, around $8 million related to ransomware proceeds, including Ryuk, Sodinokibi and Conti, have passed through Hydra accounts.

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According to an analysis of Garantex transactions, more than $100 million in transactions are associated with illegal entities and darknet marketplaces. Of these, nearly $6 million came from the Russian hacker group Conti and about $2.6 million from Hydra.

In particular, the OFAC has blocked any Hydra and Garantex property within US borders, while US residents and citizens are prohibited from working with these platforms.

The actions of the US authorities are also aimed at preventing the possible evasion of the sanctions imposed on Russia through cryptocurrencies.

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