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 Kyrgyzstan has become a de facto “crypto corridor” linking sanctioned Russian flows with trade in Central Asia and supply chains from China. Yahoo Finance: How crypto exchange Grinex shuttering poses ‘serious damage’ to Russian shadow financial economy How crypto exchange Grinex shuttering poses ‘serious damage’ to Russian shadow financial economy 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).

Understanding the Context

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 ... Yahoo Finance: Russian Crypto Exchange Grinex Halts Trading, Alleging $13M Exploit by 'Western Special Services' Russian crypto exchange Grinex paused trading services after a $13 million exploit it says was conducted by "foreign special services." ... Russian Crypto Exchange Grinex Halts Trading, Alleging $13M Exploit by 'Western Special Services' 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 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 ...

Key Insights

MOSCOW, April 16 (Reuters) - 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 ...