Grinex’s Suspected Successor Moves $1.6 Billion in Crypto Through Exchanges

A cryptocurrency exchange suspected to be Garantex’s successor, Grinex, has moved over $1.6 billion in cryptocurrencies through various exchanges despite concerns raised by blockchain analytics firm Global Ledger. After a coordinated international operation disrupted Garantex’s services, the platform allegedly shifted its operations to Grinex. This raises questions about regulatory oversight and illicit activity in the cryptocurrency space.