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U.S. Treasury Sanctions North Korean Kimsuky Hackers and 8 Foreign-Based Agents

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) on Thursday sanctioned the North Korea-linked adversarial collective known as Kimsuky as well as eight foreign-based agents who are alleged to have facilitated sanctions evasion. The agents, the Treasury said, helped in "revenue generation and missile-related technology procurement that support the DPRK's

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U.S. Treasury Sanctions Sinbad Cryptocurrency Mixer Used by North Korean Hackers

The U.S. Treasury Department on Wednesday imposed sanctions against Sinbad, a virtual currency mixer that has been put to use by the North Korea-linked Lazarus Group to launder ill-gotten proceeds. "Sinbad has processed millions of dollars' worth of virtual currency from Lazarus Group heists, including the Horizon Bridge and Axie Infinity heists," the department said. "Sinbad is

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U.S. Treasury Sanctions Russian Money Launderer in Cybercrime Crackdown

The U.S. Department of the Treasury imposed sanctions against a 37-year-old Russian woman for taking part in the laundering of virtual currency for the country's elites and cybercriminal crews, including the Ryuk ransomware group. Ekaterina Zhdanova, per the department, is said to have facilitated large cross border transactions to assist Russian individuals to gain access to Western financial