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Technology • 2026-04-17 17:28

Sanctioned Crypto Exchange Grinex Hit by $15M Heist, Blames 'Unfriendly States'

Grinex, a US-sanctioned cryptocurrency exchange based in Kyrgyzstan, is halting operations after a cyberattack it attributes to 'western special services.' Grinex initially reported $13 million stolen, but blockchain research firm TRM, after identifying roughly 70 drained addresses, puts the figure at $15 million — neither TRM nor Elliptic has disclosed how attackers breached the exchange's defenses.

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