“Tether has entered the war against the Russian crypto market”The Garantex crypto exchange has suspended operations – Tether has blocked exchange wallets worth 2.5 billion rubles. The entire Russian USDT market is under threat.
We are temporarily suspending all services, including cryptocurrency withdrawals, while our entire team resolves this issue. We are fighting and will not give up! Please note that all USDT held in Russian wallets is now under threat –
Garantex said in a statement.
The likely reason is the sanctions that the EU imposed against Garantex at the end of February. Read more about how the Russian exchange tried to correct the situation, what benefits Tether has + exclusive commentary from an expert already in the Mash Room.
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