$15M Grinex Hack Forces Trading Halt After Major Crypto Wallet Breach

M Grinex Hack Forces Trading Halt After Major Crypto Wallet Breach
Grinex suffered a large-scale wallet breach that forced the Kyrgyzstan-based exchange to suspend trading after attackers stole roughly $13–15 million in USDT. Hackers rapidly moved and chain-hopped the funds across Ethereum, Tron and other wallets—consolidating about 45.9 million TRX—while investigators probe possible links to sanctioned ecosystems and unproven foreign-intelligence involvement. #Grinex #A7A5

Keypoints

  • Attackers breached Grinex’s exchange wallets and stole over $13–15 million in USDT.
  • Grinex suspended trading and withdrawals while filing a criminal complaint and sharing data with law enforcement.
  • Hackers used chain-hopping and layering, moving funds across Ethereum and Tron and converting USDT to TRX and ETH.
  • Stolen assets were consolidated into a primary wallet holding about 45.9 million TRX, complicating recovery efforts.
  • Grinex’s ties to sanctioned ecosystems and its status as a Garantex successor make it a high-value target.

Read More: https://thecyberexpress.com/grinex-cyberattack-15m-wallet-breach/