Grinex
Grinex exchange blames “Western intelligence” for $13.7M crypto hack
Kyrgyzstan-based cryptocurrency exchange Grinex has suspended its operations after suffering a $13.7 million hack attributed to Western intelligence agencies. The funds were stolen from cryptocurrency wallets belonging to Russian users, as the platform enables crypto-ruble exchange operations between Russian businesses and individuals. Launched early last year, Grinex has Russian links and is believed to be […]
US sanctions Grinex crypto-exchange, successor to Garantex
The U.S. Department of the Treasury has announced sanctions against Grinex, the successor to Russian cryptocurrency exchange Garantex, which was previously sanctioned for helping ransomware gangs launder their money. A TRM Labs report, released in April, revealed that Grinex has strong ties to Garantex’s previous operations, but stopped short of providing evidence that it was being used […]
Grinex exchange suspected rebrand of sanctioned Garantex crypto firm
A new cryptocurrency exchange named Grinex is believed to be a rebrand of Garantex, a Russian cryptocurrency exchange whose domains were seized by the U.S. authorities and an admin arrested. According to a new report by blockchain intelligence firm TRM Labs, Grinex shows strong ties to Garantex’s previous operations but has not determined if it’s […]