A First For Crypto, U.S. Treasury Sanctions Mixer Blender IO
- the US Treasury has sanctioned Bitcoin mixer Blender.io, claiming it has failed to implement Anti-Money Laundering (AML) and Counter-Terrorism policies.
- the government agency claims North Korea-backed Lazarus Group used Blender.io as part of an attack on Axie Infinitys Ronin Bridge.
- as A result, the Treasury claims, the mixer has been leveraged by state-sponsored bad actors to launder funds from illegal activities.
- the US Treasury has blocked Blender.io from any property or interest in the United States.

Share this:
Related
More Stories
Don’t worry, your crypto won’t go anywhere during the FTX collapse
The collapse of FTX has caused Brazilian retail and institutional sentiment toward crypto to decline, but this will not affect...
Project Ubin: Singapore’s Quest to Launch a Blockchain-Based National Currency
- Blockchain is a digital database that employs cryptographically linked networks of peer-to-peer nodes - It is a technology that...
Bitget Eyes Global Expansion as it Registers in Seychelles
Bitget plans to increase its workforce by 100 by the end of the year. -The exchange has updated its target...
Lido crypto shines amid market struggles
Lido Finance has been a bright spot amidst the chaos of the crypto market, earning $1 million or more in...
Nexo Sued for Blocking $126M Withdrawals in 2020-21!
The Mortons claim they were pressured into selling millions of Nexo's native token back to the firm at a discount...
Investors need to rethink how they hold assets after FTX collapse, Blockchain.com CEO says
- The FTX collapse is a tragedy and total failure of governance - This will accelerate a trend back towards...