Exchange record
Grinex
Kyrgyzstan-registered, Russia-linked centralized exchange widely described as connected to sanctioned Russian crypto infrastructure. In April 2026 it suspended operations after a cyberattack reportedly stole roughly 1 billion rubles, or about USD 13-15 million.
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Key facts
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Summary
Kyrgyzstan-registered, Russia-linked centralized exchange widely described as connected to sanctioned Russian crypto infrastructure. In April 2026 it suspended operations after a cyberattack reportedly stole roughly 1 billion rubles, or about USD 13-15 million.
Timeline
Reuters reported that Grinex had been sanctioned by the United States, United Kingdom, and European Union in 2025, with U.S. authorities linking it to sanctions-evasion infrastructure involving the A7A5 ruble-backed stablecoin.
Grinex said it had suffered a large cyberattack that stole assets worth roughly 1 billion rubles, with outside estimates and blockchain analysis placing the loss around USD 13-15 million.
Reporting described Grinex as suspending operations after the attack, with follow-on coverage describing halted trading and blocked withdrawals during the investigation.