The US sanctions cryptocurrency mixing service Blender.io for allegedly laundering $20.5M from the Axie Infinity hack, the first time the US sanctioned a mixer
The U.S. Treasury Department on Friday sanctioned a cryptocurrency mixing service for the first time, citing evidence that it was used …
The Record Joe Warminsky
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Discussion
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@ustreasury
@ustreasury
on x
For the first time ever, Treasury has sanctioned a virtual currency mixer. https://blender.io/ is used by the DPRK to support malicious cyber activities & money-laundering of stolen virtual currency. https://home.treasury.gov/... https://twitter.com/...
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@crabbylions
Clay
on x
everything the mixer touches is sanctioned https://home.treasury.gov/... https://twitter.com/...
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@jwarminsky
Joe Warminsky
on x
The investigation also found links to transactions by Russia-linked ransomware groups “including Trickbot, Conti, Ryuk, Sodinokibi, and Gandcrab,” OFAC said. https://therecord.media/...
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@josephfcox
Joseph Cox
on x
New: in a first, the U.S. government has sanctioned a cryptocurrency mixing service. North Korean hackers as well as Russian ransomware gangs used Blender to launder their Bitcoin. Shows U.S. government won't stop at just sanctioning exchanges or wallets https://www.vice.com/...
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@ncweaver
Nicholas Weaver
on x
One mixer now classed as a sanctioned entity: https://home.treasury.gov/... Tornado cash is probably up next...
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@ericgeller
Eric Geller
on x
Treasury sanctions Blender cryptocurrency mixer, saying North Korea uses it to launder hacked cryptocurrency. NK allegedly used Blender to launder $21 million of the $620 million that it stole in the Axie Infinity hack. Treasury also IDs new NK addresses. https://home.treasury.go…
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@gregotto
Greg Otto
on x
Blender is one of the most popular mixers on the cybercrime underground. @Intel471Inc wrote about how services like Blender are used last Nov https://intel471.com/... https://twitter.com/...
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@w7voa
Steve Herman
on x
Today, @USTreasury #OFAC announced it has sanctioned virtual currency mixer #Blender, which is used by the #DPRK “to support its malicious cyber activities and money-laundering of stolen virtual currency.” https://home.treasury.gov/...
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@campuscodi
Catalin Cimpanu
on x
The US Treasury has issued its first-ever sanctions against a cryptocurrency mixing service, after North Korean hackers used Blender[.]io to launder some of the proceeds from the Ronin Network hack at the end of March https://home.treasury.gov/... https://twitter.com/...