Updated 17 April 2026 at 03:44 pmCoinCex editorial review
Grinex, a Russia-linked exchange, stops operations following a $13 million hack described as state-backed
#Finance Hack News
Grinex, previously operating as Garantex and registered in Kyrgyzstan, suspended services after losing $13 million. The platform is under U.S., U.K., and EU sanctions for facilitating sanctions evasion.
The exchange, formerly known as Garantex and based in Kyrgyzstan, has been sanctioned by the U.S., U.K. and EU for helping users bypass sanctions.
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