A sanctioned cryptocurrency exchange has claimed that Western intelligence agencies are to blame for a targeted attack last week which led to the theft of one billion rubles ($13.2m) from Russian ... The Kyiv Independent on MSN: Sanctioned Russian-linked crypto exchange shuts down after $13 million cyberattack Grinex, a sanctioned cryptocurrency exchange with ties to Russia, said it has suspended operations after a cyberattack resulted in the theft of more than 1 billion rubles (13.1 million dollars). Russia-linked sanctioned crypto exchange Grinex said on Thursday it had suspended operations after assets worth 1 billion roubles ($13.10 million) were stolen during a ...

Understanding the Context

Crowdfund Insider: Sanctioned Crypto Platform Grinex Hit by $15 Million Cyber Theft, with Ties to Kyrgyz Exchange Tokenspot On April 16, Grinex—a crypto exchange registered in Kyrgyzstan but deeply connected to Russian financial networks—suspendedoperations. Sanctioned Crypto Platform Grinex Hit by $15 Million Cyber Theft, with Ties to Kyrgyz Exchange Tokenspot Cryptopolitan on MSN: Russian residents to report foreign crypto wallets to tax office under new regime Russian residents will be required to report their offshore crypto wallets to the federal tax authority under new legislation regulating digital assets, now filed with the parliament in Moscow. Russian residents to report foreign crypto wallets to tax office under new regime Update (Feb. 26, 5:30 am UTC): This article has been updated with a response from Exmo.me and Exmo.com Five crypto exchanges are allegedly helping Russians skirt international sanctions, filling a ...

Key Insights

A sanctioned cryptocurrency exchange with ties to Russia said April 16 it has shut down operations after a cyberattack resulted in the theft of more than 1 billion rubles (13.1 million dollars) in ... SANCTIONED definition: authorized, approved, or allowed. See examples of sanctioned used in a sentence. To penalize, as for violating a moral principle or international law: "Half of the public defenders of accused murderers were sanctioned by the Texas bar for legal misbehavior or incompetence" (Garry Wills).