U.S. Treasury Sanctions Sinbad Cryptocurrency Mixer Used by North Korean HackersThe U.S. Treasury Department on Wednesday imposed sanctions against Sinbad, a virtual currency mixer that has been put to use by the North Korea-linked Lazarus Group to launder ill-gotten proceeds.
"Sinbad has processed millions of dollars' worth of virtual currency from Lazarus Group heists, including the Horizon Bridge and Axie Infinity heists," the department said.
"Sinbad is
Source: U.S. Treasury Sanctions Sinbad Cryptocurrency Mixer Used by North Korean Hackers (https://thehackernews.com/2023/11/us-treasury-sanctions-sinbad.html)