U.S. Treasury Sanctions Sinbad Cryptocurrency Mixer Used by North Korean Hackers

U.S. Treasury Sanctions Sinbad Cryptocurrency Mixer Used by North Korean Hackers

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The 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 also used by

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