Garantex’s scandal keeps growing. Insiders are guarding the operation for themselves, stealing, and then shifting the blame to foreign intelligence agencies—on-chain data won’t lie.

CoinWorld news, according to on-chain monitoring platform Chainalysis, the $13.7 million stolen from Grinex, the successor platform to Russian exchange Garantex, is now being moved through mixers and cross-chain bridges and withdrawn on major exchanges. Although authorities officially claim the case was carried out by foreign intelligence agencies, on-chain evidence shows that hackers exchanged stablecoins for TRX on decentralized exchanges (DEXs) favored by Garantex, suspected of being internal money laundering. Most of the funds remain in private wallets, and while officials have promised compensation, users should still be wary of exit scam risks.