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Grinex Suspends Operations After $13.1 Million Cyberattack

4/17/2026

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Story summary
  • On April 16, 2026, Grinex suspended operations after a cyberattack.
  • The attack stole over 1 billion rubles (about $13.1 million).
  • Grinex, based in Kyrgyzstan and linked to Russia, is sanctioned by the United States, the United Kingdom, and the European Union.
  • Ilan Shor (Moldovan oligarch linked to Kremlin interests) is associated with Grinex, created to facilitate sanctions evasion.