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First US Sanction of a Virtual Currency Mixer: Blender.io

U.S. sanctions virtual currency mixer Blender.io for its role in enabling North Korea to conduct “malicious cyber activities and money laundering of stolen virtual currency” North Korea’s Lazarus Group used the mixer to launder more than $20.5 million of the $620 million it stole from Axie Infinity, a non-fungible token-based online video game. The Treasury’s move is a significant one, as it “clearly sends a message to the cryptocurrency industry that anyone who facilitates the movement will be held accountable””]

Source: https://www.cuinfosecurity.com/first-us-sanction-virtual-currency-mixer-blenderio-a-19038

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