1 hour ago
$13M Grinex Hack Triggers Shutdown of Sanctions-Linked Exchange
CrimeSecurityblockchaincrypto exchange hackcyberattackEllipticethereumGarantexGrinexsanctions evasionTRONUSDT
TLDR: Grinex halted operations after a cyberattack drained over $13M in user crypto wallets. Elliptic traced rapid USDT transfers across TRON and Ethereum networks post-breach activity. The exchange is linked to Garantex, previously sanctioned for illicit crypto transaction flows. On-chain data shows $15M in suspicious transfers executed shortly after the hack incident. Grinex suspended operations [...]
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