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Sanctioned Exchange Grinex Hit by $13.7M Hack; Blames Foreign Intelligence Services

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Abstract
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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