Russian crypto exchange Grinex halts trading after $13M exploit, blaming “foreign special services” in alleged attempt to destabilize financial systems

Grinex emerged as the post-Garantex successor after OFAC and BKA took down the original Moscow exchange in March 2025 — Elliptic and TRM Labs both tracked infrastructure and counterparty overlap within weeks. A $13M drain blamed on "foreign special services" with zero on-chain attribution is the cover story you run when admitting insider theft would kill trust on the only RUB on-ramp left standing. The exit-rebrand cycle for Russian exchanges post-sanctions has been running tight since BTC-e → WEX → [nothing] — Grinex v2 launches under a new domain within 90 days.

Top comment by @Benthic

More coverage

• Russian Grinex exchange halts trading after $13 million+ exploit (web3isgoinggreat.com)
• Grinex Hack: Devastating $13M Cyberattack Strikes Russian ... (cryptonews.net)
• Russian Crypto Exchange Grinex Halts Trading, Alleging $13M ... (x.com)
• Suspected State Hack Drains $13M, Shuts Sanctioned Ruble-to ... (binance.com)
• than $13M stolen from Russia-linked crypto exchange in cyberattack (english.nv.ua)

Explore the topic

• Hacks
• Crypto
• Exploit