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U.S. adds cryptocurrency mixer Blender to sanctions list over alleged North Korea links

The United States on Friday imposed sanctions on virtual currency mixer Blender, accusing it of being involved in one of the largest cryptocurrency heists on record and being used by North Korea, the U.S. Treasury Department said.

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The United States on Friday imposed sanctions on virtual currency mixer Blender, accusing it of being involved in one of the largest cryptocurrency heists on record and being used by North Korea, the U.S. Treasury Department said.

Highlights

  • U.S.
  • imposes sanctions on virtual currency mixer Blender, accusing it of being involved in one of the largest cryptocurrency heists on record.
  • Treasury also identified new virtual currency addresses it said were used by North Korean hacking group Lazarus to launder illicit proceeds.
  • Blender was used in the laundering process for North Korea’s Axie Infinity heist, the Treasury said.
  • The North Korean mission to the United Nations in New York did not immediately respond to a request for comment.
  • The Treasury said Blender also facilitated money-laundering for Russian-linked malign ransomware groups, among others.