A cryptocurrency mixer used by the North Korean hacker organization Lazarus Group was sanctioned on Wednesday by the U.S. Department of the Treasury’s Office of Foreign Assets Control.
OFAC claims Sinbad.io, or Sinbad, was used to launder hundreds of millions of dollars connected to high-profile hacks executed by the Lazarus Group, including attacks on customers of the Horizon Bridge and the play-to-earn game Axie Infinity. The Axie hack alone netted about $620 million in March 2022.
