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Crypto Chaos: DOJ Cracks Down on Sinbad.io and Blender.io Mixers Used by Hackers
The U.S. Department of Justice has charged three operators of crypto mixers Blender.io and Sinbad.io, accusing them of laundering stolen cryptocurrencies for ransomware gangs and North Korean hackers. The alleged masterminds were running a service that mixed crypto assets to confuse their origins, making their operations a cybercriminal’s dream come true.
Hot Take:
Looks like the crypto cocktail just got busted! The DOJ shook, stirred, and slapped some serious charges on the mixologists of the digital laundering world. Who knew you could get in trouble for playing bartender to North Korean hackers and ransomware ruffians?! Time to face the music, gentlemen, because this isn’t your average happy hour!
Key Points:
- Three Russian citizens charged with operating illegal crypto mixing services.
- Blender.io and Sinbad.io were used by hackers to launder stolen cryptocurrency.
- The mixers were instrumental in laundering funds from major crypto hacks, including a $500 million heist by North Korean hackers.
- Blender.io was shut down, but Sinbad.io picked up the slack before being seized in 2023.
- The operators face charges of unlicensed money transmission and money laundering conspiracy.
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