Grinex Exchange Loses $15M in Cyberattack, Stolen Funds Moved to Single Address
Stolen stablecoins were moved to a single address to evade tracking. The transfer pattern complicates recovery and suggests an advanced operation. Grinex reported a loss of $13.1 million in stolen funds. Blockchain analysts estimate the loss at $15 million. The exchange halted all trading and withdrawals after hackers attacked its core wallet infrastructure. The attack is described as highly advanced and potentially involving state-level actors. Grinex linked the incident to broader pressure on the Russian financial system but provided no independent verification of this claim.
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