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Updated 17 April 2026 at 03:27 pmCoinCex editorial review

Grinex Reports $13.7M Exploit, Attributes Breach to State-Sponsored Actors

#Crypto News Cryptocurrency Hack Russia

The sanctioned crypto-ruble exchange Grinex suspended operations after a cyberattack that drained over $13.74 million in USDT from user wallets. The breach, which the exchange attributes to foreign intelligence services, follows Grinex's emergence as a primary trading venue after the 2025 takeover of Garantex.

The sanctioned crypto-ruble exchange Grinex has suspended all operations following a high-level cyberattack that resulted in the theft of over $13.74 million worth of tether stablecoins. Key Takeaways: Grinex halts operations after a state-level hack drains over 1 billion rubles in USDT from user wallets. The 2025 takeover of Garantex solidified Grinex as a primary […]
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Grinex Reports $13.7M Exploit, Attributes Breach to State-Sponsored Actors