"U.S. Department of Justice Indicts Three Russians for Providing Cryptocurrency Mixing Services"
JH Kim
Summary
- The U.S. Department of Justice announced the indictment of three individuals providing cryptocurrency mixing services on charges of money laundering.
- They were found to have operated Blender.io and Sinbad.io, which are primarily used by North Korean hackers.
- Blender.io has already been shut down, and Sinbad.io has faced similar sanctions.
According to cryptocurrency-focused media outlet CoinDesk on the 10th (local time), the U.S. Department of Justice (DOJ) announced that it has indicted three Russian nationals for providing cryptocurrency mixing services on charges of money laundering.
The investigation revealed that they operated the services Blender.io and Sinbad.io, which are known to be frequently used by North Korean hackers.
Two of the three were arrested last month and are facing charges of money laundering, while the remaining one is still at large.
Blender.io was operated from 2018 to 2022 before being shut down by the U.S. government, and was subsequently replaced by Sinbad.io. Sinbad.io has also faced similar sanctions from the Treasury Department.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
