U.S. Treasury sanctions Sinbad mixer, citing money laundering by North Korea’s Lazarus Group
CAT
1 min read
The U.S. Treasury Department has sanctioned the cryptocurrency mixing service Sinbad.io (Sinbad) for its role in enabling money laundering by North Korean state-sponsored hacking groups, according to a Nov. 29 press release. According to the Treasury Department, Sinbad has allegedly processed millions of dollars worth of cryptocurrency stolen in high-profile cyberattacks attributed to the North […]
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U.S. Treasury sanctions Sinbad mixer, citing money laundering by North Korea’s Lazarus Group
