Recent blockchain analysis shows suspicious activity, suggesting possible continuation of Garantex operations post-shutdown.
$36 Million Suspected in Garantex-Linked Transfers
The crypto industry recently noted suspicious transfers of over $36 million, suspected to be linked to Garantex. These transactions raised concerns due to their similarity with Garantex's previous operations.
Bitcoin's Price Fluctuations Amid Illicit Activity Concerns
The latest price data indicates Bitcoin is currently trading at $34,500, experiencing a fluctuation between $33,000 and $36,000. Analysts suggest this trend aligns with previous market movements, reinforcing historical price patterns.
Crypto Exchange Shutdowns Often Lead to New Challenges
Past crypto exchange shutdowns have often led to replacements or name changes, although long-term impacts remain varied. Historic instances show regulatory and security challenges persist in such cases.
Suspicious blockchain activity has drawn attention to the potential continuation of Garantex operations, impacting regulatory efforts and the market overall.
