Russian cryptocurrency exchange Garantex under sanctions suspected to be renamed Grinex

According to Coindesk, the latest report from Swiss blockchain analysis company Global Ledger shows that the sanctioned Russian cryptocurrency exchange Garantex has been renamed Grinex. A large amount of on chain and off chain data indicates that Grinex is a direct successor to Garantex. Part of Garantex's liquidity, including the entire stablecoin A7A5 held in rubles, has been transferred to a wallet controlled by Grinex.