Cyber Crime

Tracking the evolution of the global illicit digital economy. This category provides deep-dive analysis into the business of cybercrime, including "as-a-service" models, darknet market disruptions, and law enforcement operations like Operation PowerOFF. From initial access brokers to the laundering of stolen digital assets, we monitor the adversarial tactics that threaten corporate and financial integrity.

A broken blockchain link on a red background, representing the Grinex exchange hack.

Cyber Crime

Blacklisted and Breached: Sanctioned Grinex Exchange Shuts Down Following $13.7M Heist

The Russia-linked exchange halts all operations after a high-precision attack empties its hot wallets, with leadership blaming Western intelligence services for the collapse. MOSCOW, RUSSIA — Grinex, a prominent cryptocurrency exchange previously blacklisted by international regulators for its alleged role in money laundering and sanctions evasion, has officially suspended all trading