Sinbad has processed millions of dollars' worth of virtual currency from Lazarus Group heists, including the Horizon Bridge and Axie Infinity heists.

Sinbad was a key money laundering tool used by Lazarus Group — a sanctioned, state-sponsored group of cyber hackers of the Democratic People's ...

Roman Vitalyevich Ostapenko and Alexander Evgenievich Oleynik were arrested on Dec. 1, 2024, roughly a year after Sinbad.io's online ...

Today, the U.S. Department of the Treasury's Office of Foreign Assets Control sanctioned bitcoin mixer Sinbad, calling the service “a key ...

OFAC has sanctioned the Bitcoin mixer Sinbad.io due to its connection to North Korean money laundering.

The cryptocurrency mixing service, Sinbad.io is suspected of facilitating on a large scale the concealment of the origin and destination of cryptocurrencies ...

Cybercriminals also used Sinbad to obfuscate transactions linked to malign activities such as sanctions evasion, drug trafficking, trade in ...

The U.S. authorities are increasingly taking actions against big-name crypto mixers for potential violations of sanctions regulations.

In the cryptocurrency economy, there's often a fine line between financial privacy and money laundering. Now one Bitcoin "mixer" service ...

The defendants, Roman Vitalyevich Ostapenko, Alexander Evgenievich Oleynik and Anton Vyachlavovich Tarasov, allegedly operated two mixers called ...