Russia-linked crypto exchange Grinex halts trading after $14M hack
Burns Brief
Grinex has been accused by US authorities of assisting Russia and other entities in evading sanctions and laundering funds for Russia-linked hackers The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Grinex has been accused by US authorities of assisting Russia and other entities in evading sanctions and laundering funds for Russia-linked hackers.
Key Takeaways
- Grinex has been accused by US authorities of assisting Russia and other entities in evading sanctions and laundering funds for Russia-linked hackers