Overview
- Grinex said Thursday it lost more than 1 billion rubles, paused all activity, and sent case materials to law enforcement to open a criminal probe.
- The company alleged “foreign special services” carried out a coordinated attack meant to damage Russia’s financial sovereignty.
- Blockchain firm Elliptic traced about $15 million in Tether (USDT) leaving Grinex before swaps into ether (ETH) or TRON’s token (TRX) on public chains.
- The culprit remains unconfirmed, and the U.S. Secret Service declined to comment on related investigations.
- Elliptic links Grinex to the seized Garantex exchange and to trading in A7A5, a ruble-backed stablecoin it says was built to evade sanctions and has moved over $100 billion.