Garantex Successor Grinex Collapses Days After Coordinated Wallet Exploit

Grinex, a sanctioned crypto exchange serving Russian businesses and individual users, said it was hit by a large-scale cyberattack that resulted in the theft of funds worth more than 1 billion rubles from its users’ wallets. The exchange described the incident as a targeted operation and claimed there were indications of involvement by foreign intelligence agencies. It said the technical footprint and scale of …