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Garantex
Garantex was a Russian cryptocurrency exchange that was co-founded in 2019 by Stanislav Drugalev, Sergey Mendeleev and Aleksandr Mira Serda, located in the Federation Tower. It is mainly known for exchanging rubles for other currencies via trading them through cryptocurrencies, avoiding sanctions based on the 2022 Russian invasion of Ukraine. After being shut down in March 2025, the exchange shifted its funds and reappeared as Grinex. History Originally registered in Estonia as Garantex Europe, Garantex was co-founded in 2019 by Stanislav Drugalev and Sergey Mendeleev, establishing its offices in the Federation Tower The Federation Tower () is a complex of two skyscrapers built on the 13th lot of the Moscow International Business Center in Moscow, Russia. The two skyscrapers are named Tower East or Vostok (Russian: Восток; literally means "East") and T .... In September 2020, Drugalev handed himself in to Russian authorities, giving information on criminal groups usin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cryptocurrency
A cryptocurrency (colloquially crypto) is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. Individual coin ownership records are stored in a digital ledger or blockchain, which is a computerized database that uses a consensus mechanism to secure transaction records, control the creation of additional coins, and verify the transfer of coin ownership. The two most common consensus mechanisms are proof of work and proof of stake. Despite the name, which has come to describe many of the fungible blockchain tokens that have been created, cryptocurrencies are not considered to be currencies in the traditional sense, and varying legal treatments have been applied to them in various jurisdictions, including classification as commodities, securities, and currencies. Cryptocurrencies are generally viewed as a distinct asset class in practice. The first cryptocu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
