Russia-friendly exchange says "western special service" behind $15 million cyberattack
Summary
Grinex, a cryptocurrency exchange linked to Russia and under U.S. sanctions, stopped its operations after hackers stole about $15 million in digital assets. The attack also affected another exchange, TokenSpot, and investigators say the theft was likely an external cyber operation rather than an insider job.Key Facts
- Grinex is a cryptocurrency exchange registered in Kyrgyzstan and sanctioned by the U.S. Treasury.
- Around $15 million was stolen through roughly 70 cryptocurrency addresses linked to Grinex.
- TokenSpot, another Kyrgyzstan-based exchange, was also breached in the same attack and temporarily stopped working.
- Grinex claims “western special services” were behind the stealing operation aiming to harm Russia’s financial independence.
- Researchers have not confirmed who carried out the hack or how they bypassed security.
- Both exchanges are connected to Garantex, another sanctioned exchange accused of dealing with cybercriminals.
- The stolen funds were moved and converted using Ethereum and TRON blockchains to avoid freezing by the stablecoin issuer.
- Authorities have been notified, and a criminal investigation has started.
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