Russia Linked Crypto Exchange Grinex Halts All Trading After $15M HackGrinex, a Kyrgyzstan-registered crypto exchange with close ties to Russia’s crypto market has suspended all withdrawals and trading. It cited a large scale cyberattack on its wallet infrastructure, according to The Block.The exchange claimed more than 1 billion rubles, roughly $13.1 million, had been stolen. However blockchain analytics firm Elliptic put the figure higher, estimating the attacker drained approximately $15 mill

Sanctioned Russian crypto exchange accuses Western intelligence of hack

Russia just carried out one of the most aggressive crypto crime crackdowns the country has ever seen nearly 100 suspects detained in a single day. And what investigators found inside those apartments was nothing like what they expected.Authorities had been tracking an underground crypto exchange network called Cryptex, a shadow operation running quietly since 2013. Over the years, it had pushed more than $1.4 billion through its system, serving ransomware crews, darknet vendors, and global money