According to MistTrack, since the OFAC sanctions in April 2022, Garantex has adapted its hot wallet management to sustain operations. Initially, hot wallets were rotated approximately quarterly from April 2022 to December 2022. The frequency increased to weekly rotations from December 2022 to February 2023. From February 2023 onwards, Garantex has continued to adjust its hot wallet rotation strategy, although the specific frequency post-February 2023 was not detailed in the tweet.

According to @zachxbt, Garantex, an OFAC sanctioned entity, has had its infrastructure taken down and assets seized by law enforcement from the US, Germany, and Finland. The platform was implicated in laundering hundreds of millions from ransomware and DPRK hacks, with over 22.8M USDT confiscated.