Garantex review: score, licensing and risks
39/100SCORE · DCaution
Grade D, caution
Sanctioned and seized in 2025 after years of being named in money laundering investigations. Included so that anyone searching for it finds out it was taken down rather than a review.
The facts
- FOUNDED
- 2019
- HEADQUARTERS
- Russia
- CUSTODY
- Custodial.
- MiCA / EEA
- Not authorised across the EEA.
- US ACCESS
- No.
- PROOF OF RESERVES
- No standard proof of reserves publication.
- FEES
- Typical for a venue of its size. Confirm current pricing on its own site.
- ASSETS
- Varies
How the score breaks down
Each dimension is explained on the methodology page.
Where it is strong and where it is not
✓ Strengths
- None.
✗ Weaknesses
- Sanctioned by the US and EU
- Domains seized and administrators charged
- Funds on the platform were frozen
Incident history
2025
Sanctioned by the US and EU, its domains were seized in an international operation and its administrators were charged. Tether froze a large volume of USDT on the platform.
Our read
Sanctioned and seized in 2025 after years of being named in money laundering investigations. Included so that anyone searching for it finds out it was taken down rather than a review.
COMPARE
RISK WARNING
Crypto assets are highly volatile and largely unregulated. You can lose everything you put in.
Nothing on this page is financial, investment or tax advice, and nothing here is a recommendation
to buy or sell any asset. Do your own research and never commit money you cannot afford to lose.