The Russian crypto industry has faced a serious crisis. Grinex, a crypto exchange that facilitates payments for businesses and individuals, announced a major hack.
According to the company’s official data, the amount of stolen money exceeds 1 billion rubles, the translation of $ 13 million.
Details of what happened
In the government wordsrepresentatives of the platform explained that the incident was a direct attack by foreign organizations.
The company emphasizes that the nature of the hack and the products involved indicate the involvement of foreign government agencies seeking to attack the Russian government.
According to the analysis data, the stolen items were converted into TRX cryptocurrency through exchange services and transferred to one address.
The wallet currently has about 45.9 million TRX, equivalent to about $15 million.
Due to the cyberattack, Grinex services have been completely suspended. Information about maintenance is posted on the website, and account exits and withdrawals are not available.
Restrictions have also been placed on physical presence: the Moscow City office of the company has stopped issuing permits.
Grinex representatives confirmed that they have faced problems in the past, including being included in the sanctions list, special wallet labels, and banning sales outside the CIS. However, the company believes that the current situation has escalated to theft.
Next steps
The reform authorities have already contacted the law enforcement agencies to initiate legal proceedings. All available information related to the art of the attack has been sent for investigation.
For now, the primary focus remains the legal assessment of the situation and the control of the movement of the stolen goods.
“We are fighting, an active investigation is underway, and we have no plan to close,” Grinex representatives said in response to BeInCrypto’s request for comment.
Garantex images
It is worth noting that Grinex is monitored by financial regulators around the world and monitoring organizations.
According to TRM LabsThis platform is basically a reversion of the Garantex exchange, which had strict penalties.
Analysts indicate that Grinex was out less than two weeks later Official closing of Garantex in March 2025. Researchers wrote about the direct transfer of funds in the ruble stablecoin A7A5 from old exchange wallets to new addresses.
In addition, experts recognize almost all forms of communication and construction: according to researchers, bag groups, teams, and transfer methods remained the same; only the sign has changed.
A note The Grinex exchange has lost more than $ 13 million to the threat of foreign spies appeared for the first time BeInCrypto.
