Russia’s crypto exchange Garantex moves millions despite stablecoin ban, blockchain data shows

Despite being hit with sanctions and losing $26 million in frozen Tether, Russia's Garantex is still moving—or at least holding onto—another $15 million in crypto, according to blockchain data. The exchange, which the U.S. targeted for alleged illicit activity, seems to be finding ways to keep funds flowing, even as regulators try to clamp down.