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

The U.S. Treasury Department on Wednesday imposed sanctions againstSinbad, a virtual currency mixer that has been put to use by the North Korea-linkedLazarus Groupto 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