U.S. sanctions North Korean cryptocurrency mixing firm

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U.S. sanctions North Korean cryptocurrency mixing firm
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The U.S. announced Friday it is sanctioning North Korean digital currency mixing firm Blender.io, which the country allegedly uses to launder stolen virtual currency and support cyber crimes.

, are the first ever on a digital asset mixing service. The new sanctions also point to the growing use of digital assets to perpetuate illegal acts by state actors and individuals.

Blender is accused of helping Lazarus Group, a sanctioned North Korean cyber hacking group, to carry out a $620 million digital currency heist in March, the biggest of its kind to date. Four wallets, or virtual currency addresses, tied to Lazarus Group were also added to Treasury's list of sanctioned entities.

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