Imagine a secret online store for cryptocurrency where criminals hid their money! That's what Garantex was, and police just shut it down. It was a big deal because they used it to hide billions of dollars from all sorts of bad things like cyberattacks and drug dealing.
- Police in the US, Germany, and Finland worked together.
- They seized $26 million in hidden money.
- Two people who ran Garantex are in big trouble.
- Garantex helped hide at least $96 billion in total!
| Fact | Number |
|---|---|
| Money seized | $26 million |
| Total money laundered (estimated) | $96 billion |
| Possible prison time for those caught | Up to 20 years |
This shows that even though cryptocurrency can be tricky, governments are working hard to catch people who use it for bad things. Cryptocurrency itself is not bad, but it's important to use it safely and legally.
