Lazarus Group Conceals Blockchain Trails with New Custodial-based Mixer
The North Korean Lazarus APT group has laundered over $100 million in cryptocurrency since October 2022, through a new single crypto mixer, named Sinbad – found blockchain analysts. Last year, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions against these mixing services. Since then, it is suspected that Lazarus has shifted to the new mixer service to launder its funds.