ChainCatcher news, according to CoinDesk, the U.S. Department of the Treasury has sanctioned the mixer Sinbad.io, accusing it of facilitating transactions related to North Korean hacker groups. The FBI, the Dutch Financial Intelligence and Investigation Service (FIOD), the Dutch Public Prosecution Service (Openbaar Ministerie), and the Finnish National Bureau of Investigation have also seized Sinbad's website.The Treasury's Office of Foreign Assets Control (OFAC) has designated two Bitcoin addresses and two email addresses associated with Sinbad, prohibiting all Americans and anyone engaging with the global financial system from interacting with these addresses in the future. Data shows that one of the addresses currently holds about 0.35 BTC (worth approximately $13,000), but the total amount of BTC received is slightly over 15 BTC (valued at approximately $570,000 at current prices).The press release states that Sinbad handled funds from the Horizon Bridge and Axie Infinity hacks. It also transferred funds related to "evading sanctions, drug trafficking, and other illegal sales on dark web markets."

ChainCatcher news, risk management company Elliptic stated that the crypto mixer Blender may have been rebranded as Sinbad and is back in operation, with a wallet suspected to be Blender transferring $22 million to Sinbad. Furthermore, Sinbad operates in the same way as Blender, including a ten-digit mixer code, a guarantee signed by service addresses, and transaction delays of up to 7 days.It is reported that OFAC sanctioned Tornado Cash and Blender last year, and the Lazarus hackers used Sinbad to launder part of the $100 million stolen in the Horizon Bridge attack in January this year. (Cointelegraph)