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Updated 17 April 2026 at 10:57CoinCex editorial review

Grinex Exchange Loses $13.7M in USDT to Suspected State-Sponsored Attack

#Crypto News Cryptocurrency Hack Russia

Sanctioned Russian crypto exchange Grinex suspended all operations after attackers drained over $13.74 million in USDT from user wallets. The platform attributes the breach to foreign intelligence services. Grinex had become a primary ruble-denominated trading venue following the 2025 seizure 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 Exchange Loses $13.7M in USDT to Suspected State-Sponsored Attack