Company representatives blamed the incident on special services from "unfriendly countries." Grinex estimated the damage at 13.7 million USDT. The stolen funds from 54 addresses were converted into TRX and sent to the address TH9kgjfrKeTNeyXtDKvxCXZ1dVKr7neKVa. The wallet holds 46.1 million TRX ($14.9 million). Grinex is the successor to another sanctioned crypto exchange, Garantex. It is linked to illicit activities amounting to more than $1.3 billion. Grinex serves as the primary platform for trading the ruble-backed stablecoin A7A5, which is associated with sanction evasion. With a market capitalization of $546.7 million, it occupies 44% of the non-dollar stablecoin market. Last week, the Security Service of Ukraine, the FBI, and EU special services conducted a joint operation against FSB hackers.