Why did the Grinex crypto exchange halt operations?

The Grinex crypto exchange halted operations after experiencing a $15 million heist.

Who is allegedly behind the $15 million crypto heist at Grinex?

Grinex claims that "western special services" hackers coordinated the attack, specifically targeting Russian users.

Was another exchange affected by the same attack that hit Grinex?

Yes, TokenSpot, another Kyrgyzstan-based exchange, was also breached, suggesting the same attacker targeted both platforms.

Home / Technology / Crypto Exchange Grinex Hit by $15M Heist, Halts Operations

Crypto Exchange Grinex Hit by $15M Heist, Halts Operations

18 Apr

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Summary

Grinex crypto exchange halted operations following a $15 million heist.
Hackers allegedly targeted Russian users, aiming to damage financial sovereignty.
TokenSpot, another Kyrgyzstan-based exchange, was also breached by the same attacker.

Crypto Exchange Grinex Hit by $15M Heist, Halts Operations

The cryptocurrency exchange Grinex, registered in Kyrgyzstan and sanctioned by the US, has suspended operations following a substantial heist valued at approximately $15 million. This significant breach drained numerous user addresses, with researchers confirming the theft after identifying around 70 compromised accounts.

Grinex alleges that "western special services" hackers orchestrated the attack, specifically targeting Russian users with the intent of damaging Russia's financial sovereignty. The exchange stated that it has been under near-constant attack attempts since its inception 16 months ago.