Crypto mixer Blender has been rebranded to Sinbad, says Elliptic By Cointelegraph
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Blender, the cryptocurrency mixer sanctioned by the United States Department of the Treasury’s Office of Foreign Assets Control in May, was “highly likely” relaunched as Sinbad, according to risk management firm Elliptic.
In a Feb. 13 report, Elliptic said its analysis of Sinbad indicated that the crypto mixer was likely a rebrand of Blender as well as having “the same individual or group responsible for it.” According to the firm, Sinbad was behind the laundering of roughly $100 million in (BTC) for North Korea’s hacking group Lazarus.
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Blender, the cryptocurrency mixer sanctioned by the United States Department of the Treasury’s Office of Foreign Assets Control in May, was “highly likely” relaunched as Sinbad, according to risk management firm Elliptic.
In a Feb. 13 report, Elliptic said its analysis of Sinbad indicated that the crypto mixer was likely a rebrand of Blender as well as having “the same individual or group responsible for it.” According to the firm, Sinbad was behind the laundering of roughly $100 million in (BTC) for North Korea’s hacking group Lazarus.
Continue Reading on Coin Telegraph
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