Sanctioned Exchange Grinex Hit by $13.7M Hack; Blames Foreign Intelligence Services
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Sanctioned Exchange Grinex Hit by $13.7M Hack; Blames Foreign Intelligence Services
"The breach resulted in the theft of digital assets valued at approximately $13.74 million (more than 1 billion rubles) in the stablecoin USDT. The exchange claims the unprecedented hack suggests the involvement of foreign intelligence agencies from hostile states."
"According to preliminary forensic data provided by the exchange, the attackers' digital footprint indicates a level of coordination typically reserved for state-level actors. A spokesperson for the exchange said the attack was a deliberate attempt to destabilize the domestic financial sector and harm Russia's financial sovereignty."
"Grinex remains a target of U.S. and international sanctions intended to isolate the exchange from the global financial system. The company gained prominence after the 2025 takeover of Garantex, solidifying its status as a primary target for ongoing U.S. sanctions."
Grinex, a crypto-ruble exchange, has halted operations following a cyberattack that resulted in the theft of over $13.74 million in USDT. The exchange claims the attack suggests involvement from foreign intelligence agencies, indicating a level of coordination typical of state-level actors. Grinex has faced ongoing U.S. sanctions, which have made it a target for cyberattacks. Law enforcement is reviewing logs from 54 wallets in an effort to recover the stolen assets. The attack is viewed as a deliberate attempt to destabilize Russia's financial sector and sovereignty.
Read at news.bitcoin.com
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