The Swiss company Global Ledger, which specializes in the analysis of blockchains, published a report according to which Grinex is a direct heir to the closed Garantex platform.
The investigation showed that the founders of Garatex created Grinex just a week after the collapse of the business of the previous exchange. Analysis of blockchain transactions showed volumetric translations of ruble stabilcoins A7A5 from GaratEx to addresses related to Grinex. This asset was Added On GaratEx, less than a month before it is disconnected, and then a noticeable part of the liquidity of the asset was moved to a new platform.
Global Ledger noted the identity of the interfaces of the two platforms.
Analysts saw confirmation of the connection between platforms in an advertisement on the Russian website Coinmarketrating, where Grinex positioned As an international exchange created by the owners of GaratEx after the introduction of sanctions.
GaratEx, previously considered a major player in the Russian digital finance market, repeatedly fell under suspicion of laundering money and assisting the bypass of international sanctions. In 2022, the US Department of Justice accused the exchange of dubious transactions worth more than $ 100 million.
Source: Bits
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