Russia-friendly exchange says "western special service" behind $15 million cyberattack
Summary
Ars Technica reports that Grinex, a U.S.-sanctioned cryptocurrency exchange registered in Kyrgyzstan, halted operations after a $13 million heist later valued at $15 million by TRM. The attackers are described as having unprecedented resources, with investigations suggesting external operation rather than insider theft; TRM and Elliptic tie Grinex to sanctions history and possible links to Garantex, highlighting regulatory and geopolitical factors in crypto security.