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Regulatory chainalysis blog · 4/17/2026

Sanctioned Russia-Linked Exchange Grinex Suspends Operations Following Alleged Cyberattack

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Grinex, a sanctioned Russian cryptocurrency exchange and successor to Garantex, suspended operations following an alleged cyberattack resulting in approximately 1 billion rubles ($13.7 million) in losses. The incident highlights vulnerabilities in sanctioned financial infrastructure.

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AI Summary

Grinex, a sanctioned Russian cryptocurrency exchange and successor to Garantex, suspended operations following an alleged cyberattack resulting in approximately 1 billion rubles ($13.7 million) in losses. The incident highlights vulnerabilities in sanctioned financial infrastructure.