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

Team-CWDBy Team-CWDApril 27, 2026No Comments1 Min Read
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Grinex, a Kyrgyzstan-incorporated cryptocurrency exchange sanctioned by the U.K. and the U.S. last year, said it’s suspending operations after it blamed Western intelligence agencies for a $13.74 million hack.
The exchange said it fell victim to what it described as a large-scale cyber attack that bore hallmarks of foreign intelligence agency involvement. This attack led to the theft of over 1



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