The Sinbad cryptocurrency mixing service has been sanctioned by the US government in an effort to restrict the money laundering abilities of the North Korean Lazarus group.
The Lazarus group, a cybercriminal enterprise sponsored by the North Korean regime, is responsible for a number of malicious cyber attacks, including the 2017 WannaCry ransomware attack, and the 2022 Horizon Bridge attack that saw $100 million stolen.
