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US Sanctions Virtual Currency Mixer Used By N Korean Cyber Hacking Group

US Sanctions Virtual Currency Mixer Used By N Korean Cyber Hacking Group
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Feds Seize 'Sinbad' Crypto Mixer Used by North Korea's Lazarus

The prolific threat actor has laundered hundreds of millions of dollars in stolen virtual currency through the service. ....

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Lazarus-linked cryptomixing service subjected to US sanctions

Reuters reports that cryptocurrency mixing service Sinbad has been sanctioned by the U.S. government for facilitating the laundering of millions of dollars worth of cryptocurrency stolen by North Korea's Lazarus Group from cryptocurrency heists against Horizon Bridge, Axie Infinity, and other cryptocurrency platforms. ....

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US Sanctions Virtual Currency Mixer Used By N Korean Cyber Hacking Group

The United States has imposed sanctions on virtual currency mixer Sinbad.io (Sinbad) for its role in processing millions of dollars' worth of virtual currency stolen by North Korean state-sponsored cyber hacking group Lazarus. ....

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US sanctions cryptocurrency mixer Sinbad over alleged North Korea ties

WASHINGTON (Reuters) -The United States on Wednesday imposed sanctions on a virtual currency mixer the Treasury Department said has processed millions of dollars worth of cryptocurrency from major heists carried out by North Korea-linked hackers. The Treasury Department said in a statement that virtual currency mixer Sinbad, which was hit with sanctions on Wednesday, processed millions of dollars worth of virtual currency from heists carried out by the North Korea-linked Lazarus Group, including the Axie Infinity and Horizon Bridge heists of hundreds of millions of dollars. ....

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