Grinex crypto exchange suffers $13M hack, halts trading, as stolen USDT moves across blockchains, raising serious security concerns globally.

Russia’s crypto market was hit hard after Grinex confirmed a major cyberattack. The exchange registered losses of around $13M in USDT funds. Consequently, the trading services were soon suspended to avoid further losses.

Major Cyberattack Forces Grinex to Halt Trading

According to Grinex, attackers stole approximately 1B rubles, which is equivalent to approximately 13M. Thus, the platform ceased trading operations. The company also verified that it had stolen money in 54 wallet addresses. This is a clear indication that the attack was well planned and coordinated.

Moreover, blockchain records…