Crypto Mixer Sinbad Sanctioned by OFAC Over Alleged Ties to North Korean Hackers


Crypto Mixer Sinbad Sanctioned by OFAC Over Alleged Ties to North Korean HackersThe U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on yet another cryptocurrency mixing platform, labeling Sinbad.io as a “key money-laundering tool” used by the North Korean Lazarus Group crime syndicate. Sinbad.io, in addition to handling transactions originating from the Democratic People’s Republic of Korea (DPRK), has also been […]