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#3 The Hacker News general April 18, 2026 at 07:59 UTC

$13.74M Hack Shuts Down Sanctioned Grinex Exchange After Intelligence Claims

By [email protected] (The Hacker News)

AI Summary

Grinex cryptocurrency exchange, sanctioned by the U.S. and U.K., suspended operations after a $13.74 million hack that the company attributes to Western intelligence agencies. The Kyrgyzstan-based exchange claims the attack bore hallmarks of foreign intelligence involvement and required resources available only to "unfriendly states."

Relevance score: 85.0/100

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