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    Treasury terrorism Garantex cybersecurity

    US Treasury Cracks Down on Crypto Wallets Tied to Terrorism and Money Laundering

    April 03, 2025 • 1 min read

    The US Treasury Department has sanctioned eight cryptocurrency wallets linked to Russian exchange Garantex and Yemen's Houthi movement after discovering nearly $1 billion in suspicious transactions. The crackdown highlights cryptocurrency's growing role in financing terrorism and signals increased regulatory scrutiny of both centralized and decentralized platforms.

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