Grinex Suspends Operations After $13.74 Million Hack
- Grinex, a crypto-ruble exchange, was hacked, losing over $13.74 million in USDT.
- The breach drained more than 1 billion rubles from user wallets and converted funds into TRX.
- Law enforcement is analyzing logs from over fifty-four wallets to recover the stolen assets.
- Grinex alleges foreign state-level actors are responsible for the attack, citing sophisticated coordination.
- The exchange remains under U.S. sanctions following its acquisition of Garantex in a previous year.
Grinex has halted operations after a cyberattack led to the theft of digital assets worth approximately $13.74 million in stablecoin USDT, impacting Russian businesses and investors significantly.