$13.74M Hack Shuts Down Sanctioned Grinex Exchange After Intelligence Claims

Sat, 18 Apr 2026 09:59:00 +0200

Grinex, a Kyrgyzstan-incorporated cryptocurrency exchange sanctioned by the U.K. and the U.S. last year, said it's suspending operations after it blamed Western intelligence agencies for a $13.74 million hack. The exchange said it fell victim to what it described as a large-scale cyber attack that bore hallmarks of foreign intelligence agency involvement. This attack led to the theft of over 1