Russian-linked crypto exchange hit by $15M theft, suspects 'state-backed' cyber operation

A major cryptocurrency exchange with ties to Russia has been crippled following a brazen cyberattack that siphoned approximately $15 million in assets. Grinex, a Kyrgyzstan-based exchange previously sanctioned by the United States, announced it is ceasing operations after facing what it described as an unprecedented hacking campaign allegedly orchestrated by “unfriendly states.” The attack, which targeted wallets linked to Russian users, has raised allegations of political and financial motivati