US Sanctions Cryptocurrency Mixer: Website Seized!

Authorities seized the official website of Sinbad.io, which is frequently preferred by the North Korean hacker group Lazarus, and froze two related cryptocurrency wallets.

North Korean hacker group Lazarus frequently used for money laundering byripto money mixer Sinbad, USA, Holland And of finland was at the center of sanctions. Authorities imposed sanctions, emphasizing that Sinbad was used by hacker groups, including Lazarus, to launder money.

sinbad.io to the website named FBI, Dutch Financial Intelligence and Investigation Service (FIOD), Openbaar Ministerie (Dutch prosecutor’s office) And Finnish National Bureau of Investigation It was confiscated by. In addition, two different cryptocurrency wallets and two e-mail addresses linked to Sinbad were also frozen.

In the statement made by the authorities, Sinbad was described as a cryptocurrency mixer directly associated with the North Korea-linked Lazarus:

Sinbad is a cryptocurrency mixer that serves as a key money laundering agent of the OFAC-designated Lazarus Group, a state-sponsored cyberattack group of the Democratic People’s Republic of North Korea (DPRK).

Lazarus before Atomic Wallet, Horizon Bridge And Axie Infinity (AXS) He used Sinbad to make it impossible to track the assets he gained from his attacks.

source site-9