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Tag: OFAC sanctions

Mar 6, 2026
Russian Sanctions and Crypto Exchange Access Limitations: How Garantex, Grinex, and A7A5 Evaded and Were Stopped
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Russian Sanctions and Crypto Exchange Access Limitations: How Garantex, Grinex, and A7A5 Evaded and Were Stopped

U.S. sanctions have systematically shut down Russian crypto exchanges like Garantex and Grinex, targeting their leadership, successor platforms, and the A7A5 stablecoin. Over $8 billion in illicit flows have been tracked, proving crypto is no longer a safe haven for sanctions evasion.

Feb 12, 2026
OFAC Sanctions and Iranian Crypto Access to Exchanges
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OFAC Sanctions and Iranian Crypto Access to Exchanges

OFAC sanctions have drastically limited Iranian access to global crypto exchanges, forcing users onto P2P platforms and privacy coins. Exchanges like ShapeShift and Garantex paid millions or shut down after failing to block sanctioned transactions, while new platforms like Grinex emerged to evade enforcement.

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