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Grinex, a cryptocurrency exchange linked to the sanctioned Garantex operation, suspended all services after attackers drained $13.74 million in a targeted April 15 incident. The exchange blamed 'hostile state intelligence agencies,' pointing to the attack's technical sophistication. Elliptic and Chainalysis analysts have traced the funds but stop short of confirming attribution. The shutdown removes a significant node in Russia's sanctions-evasion infrastructure.