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Grinex hack blows a hole in Russia’s sanctions‑evading crypto lifeline – TON BOT

Grinex hack blows a hole in Russia’s sanctions‑evading crypto lifeline

Grinex, a Russian crypto exchange sanctioned by the U.S., U.K., and EU, shut down after a suspected state-level cyberattack that resulted in a loss of over $13 million. The exchange was a key channel for Russian businesses to evade sanctions, and its closure is expected to seriously damage Russia’s shadow economy.


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