International Operation Shut Down the Sinbad Crypto Mixer Used by DPRK's Lazarus Group

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An image that appears at Sinbad.io

As part of an international law enforcement investigation, the FBI and the Dutch Financial Intelligence and Investigation Service seized the websites of a crypto mixer called Sinbad that “serves as a key money-laundering tool” for the North Korean threat actor Lazarus Group.

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC), the government’s department that administers and enforces sanctions against foreign people and organizations, announced that it had sanctioned Sinbad, a prolific hacking group widely believed to be working for the North Korean government.

OFAC said that the Sinbad crypto mixer processed “millions of dollars’ worth of virtual currency from Lazarus Group heists,” including part of the proceeds from the massive 2022 ha…