Sanctioned Grinex Exchange Halts After $13.74M Hack
🚨 Grinex, a Kyrgyzstan-incorporated cryptocurrency exchange sanctioned by the U.K. and the U.S., said it is suspending operations after reporting a $13.74 million theft it attributes to Western intelligence agencies. The company alleges the attack, which it says demonstrates unprecedented technical sophistication, stole over 1 billion rubles from user accounts on April 15, 2026. Blockchain investigators at Elliptic, TRM Labs, and Chainalysis report the funds were rapidly routed to TRON and Ethereum addresses and swapped into non‑freezable tokens, complicating asset recovery.
