Stockholm, 31 July 2025 | GreenMerc AB (publ) discovered on the morning of July 31 that unauthorized access had occurred to parts of the company’s internal systems. An internal investigation has confirmed that unauthorized withdrawals were carried out.
The suspected incident was identified early in the morning. Intruders gained access to internal systems and managed to execute a small number of unauthorized withdrawals from the cryptocurrency exchange Trijo’s so-called hot wallet, where less than 1% of the exchange’s assets are held. Out of approximately 65,000 customers, 27 accounts were affected. Customers impacted by unauthorized withdrawals will be fully compensated by GreenMerc. The total amount withdrawn corresponds to approximately SEK 7.8 million.
Throughout the day, GreenMerc has:
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Identified how the breach occurred
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Determined exactly what information was exposed and the financial damage caused
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Taken measures to secure the systems and prevent future intrusions
In parallel, we are working to ensure that all affected customers are contacted directly and receive clear information about how they may have been impacted.
As there is reason to suspect that personal data from customers of both Trijo and Northcrypto may have been exposed, we have initiated the process of reporting the incident to the relevant authorities. Customers whose personal data may have been compromised will be contacted separately.
GreenMerc prioritizes security and customer trust, and takes this incident with the utmost seriousness.
Affected customers and shareholders are welcome to contact GreenMerc CEO Arvid Börje Ramberg at arvid@greenmerc.com with any further questions.
A Q&A with answers to additional questions regarding the incident is available at:
www.greenmerc.com/q&a
Contact
For further information, please contact:
Arvid Börje Ramberg, arvid@greenmerc.com
About GreenMerc: GreenMerc strives to connect traditional finance and decentralized finance (defi), with the goal of driving growth through the launch of scalable web‑based financial services. The company focuses on innovative technology solutions and offers a broad portfolio of services, from development to finished, deployed and managed solutions, enabling a more accessible and transparent financial market for GreenMerc’s customers. GreenMerc is listed on NGM Nordic SME with the ticker GMERC B. Read more at www.greenmerc.com.
About Trijo: Trijo is a subsidiary of GreenMerc and Sweden’s leading crypto exchange. Trijo is a pioneer in the Swedish cryptocurrency market and specializes in digital currency services. With an app available for both iPhone and Android, and support for 260+ new currencies, Trijo works to provide easier access to cryptocurrencies. Trijo has also launched a service that enables staking, which yields returns on digital assets. Read more at www.trijo.se.