. U.S. Sanctions Crypto Mixing Service Used by North Korea for First Time « JO LEE MAGAZINE

Vice- The U.S. Treasury Department has sanctioned Blender, a cryptocurrency mixing service used by North Korea as part of its hacking and money laundering campaigns, according to an announcement from the agency published on Friday.

The move is the first time the Treasury Department has sanctioned a cryptocurrency mixer, which are services that mix tokens with a larger pool in order to obscure their origins. While these services are general-purpose privacy tools similar to Tor, they’ve also become a fixture of crypto hacking campaigns. The move signals that the U.S. government won’t stop at only sanctioning rogue cryptocurrency exchanges or individual wallets, but will also target other parts of the cryptocurrency supply chain that don’t comply with its sanctions regime.

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