* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, July 24, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Black Box Players presents ‘The Three Musketeers’ – CBS 19 News

    Experience the Adventure: Black Box Players Bring ‘The Three Musketeers’ to Life!

    AP Entertainment SummaryBrief at 1:51 p.m. EDT – Channel 3000

    Entertainment Highlights: Key Updates You Can’t Miss

    ‘Devil Wears Prada 2’ casts Anne Hathaway’s love interest replacing Adrian Grenier’s Nate – Entertainment Weekly

    Devil Wears Prada 2′ Casts New Love Interest for Anne Hathaway, Replacing Adrian Grenier’s Nate

    12 ‘Late Show’ Moments Proving Stephen Colbert Can’t Be Replaced – The Mountaineer

    12 Unforgettable ‘Late Show’ Moments That Prove Stephen Colbert Is Truly One of a Kind

    Canes owner Tom Dundon’s real estate firm eyes entertainment complex near RDU – The Business Journals

    Canes Owner Tom Dundon’s Real Estate Firm Unveils Plans for Thrilling New Entertainment Complex Near RDU

    Inspired Entertainment, Inc.’s (NASDAQ:INSE) Price Is Right But Growth Is Lacking After Shares Rocket 29% – simplywall.st

    Inspired Entertainment Soars 29% but Growth Momentum Falls Short

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Behind the Screens: The Impact of Technology on Real Estate – TRREB

    Behind the Screens: How Technology is Transforming the Future of Real Estate

    Sustainserv and Palau Announce Technology Partnership to Leverage Innovative AI Platform to Advance Sustainability Reporting – Business Wire

    Sustainserv and Palau Team Up to Transform Sustainability Reporting with Breakthrough AI Technology

    Morgan Adamski Joins PwC in Newly Created Cyber, Data & Technology Risk Division – HSToday

    Morgan Adamski Leads the Charge in PwC’s Cutting-Edge Cyber, Data & Technology Risk Division

    Transformative technology, support for food entrepreneurs spotlighted – University of Hawaii System

    How Cutting-Edge Technology and Strong Support Are Revolutionizing Food Entrepreneurs’ Success

    Cold Weather Alloy Opens New Possibilities for Space Technology – Universe Today

    Revolutionary Cold Weather Alloy Unlocks New Frontiers in Space Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Black Box Players presents ‘The Three Musketeers’ – CBS 19 News

    Experience the Adventure: Black Box Players Bring ‘The Three Musketeers’ to Life!

    AP Entertainment SummaryBrief at 1:51 p.m. EDT – Channel 3000

    Entertainment Highlights: Key Updates You Can’t Miss

    ‘Devil Wears Prada 2’ casts Anne Hathaway’s love interest replacing Adrian Grenier’s Nate – Entertainment Weekly

    Devil Wears Prada 2′ Casts New Love Interest for Anne Hathaway, Replacing Adrian Grenier’s Nate

    12 ‘Late Show’ Moments Proving Stephen Colbert Can’t Be Replaced – The Mountaineer

    12 Unforgettable ‘Late Show’ Moments That Prove Stephen Colbert Is Truly One of a Kind

    Canes owner Tom Dundon’s real estate firm eyes entertainment complex near RDU – The Business Journals

    Canes Owner Tom Dundon’s Real Estate Firm Unveils Plans for Thrilling New Entertainment Complex Near RDU

    Inspired Entertainment, Inc.’s (NASDAQ:INSE) Price Is Right But Growth Is Lacking After Shares Rocket 29% – simplywall.st

    Inspired Entertainment Soars 29% but Growth Momentum Falls Short

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Behind the Screens: The Impact of Technology on Real Estate – TRREB

    Behind the Screens: How Technology is Transforming the Future of Real Estate

    Sustainserv and Palau Announce Technology Partnership to Leverage Innovative AI Platform to Advance Sustainability Reporting – Business Wire

    Sustainserv and Palau Team Up to Transform Sustainability Reporting with Breakthrough AI Technology

    Morgan Adamski Joins PwC in Newly Created Cyber, Data & Technology Risk Division – HSToday

    Morgan Adamski Leads the Charge in PwC’s Cutting-Edge Cyber, Data & Technology Risk Division

    Transformative technology, support for food entrepreneurs spotlighted – University of Hawaii System

    How Cutting-Edge Technology and Strong Support Are Revolutionizing Food Entrepreneurs’ Success

    Cold Weather Alloy Opens New Possibilities for Space Technology – Universe Today

    Revolutionary Cold Weather Alloy Unlocks New Frontiers in Space Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home News

US slaps sanctions on crypto mixer used by N.Koreans for laundering

November 29, 2023
in News
US slaps sanctions on crypto mixer used by N.Koreans for laundering
Share on FacebookShare on Twitter

US slaps sanctions on crypto mixer used by N.Koreans for laundering

US Deputy Treasury Secretary Wally Adeyemo said authorities would not hesitate to act against illicit actors in the digital asset ecosystemUS Deputy Treasury Secretary Wally Adeyemo said authorities would not hesitate to act against illicit actors in the digital asset ecosystem.
Photo: Daniel LEAL / AFP/File
Source: AFP

The United States on Wednesday slapped sanctions on a crypto mixer that it said was serving as a money laundering tool for hackers affiliated with the North Korean government.

Crypto mixers are software allowing users to obfuscate transactions, and have been used by hackers in attempts to convert crypto into traditional currency.

The US Treasury Department said in a statement that its action against Sinbad.io comes as the mixer has processed millions of dollars in virtual currency from heists conducted by a hacking group that is under sanctions.

“Mixing services that enable criminal actors, such as the Lazarus Group, to launder stolen assets will face serious consequences,” said Deputy Treasury Secretary Wally Adeyemo, referring to the hacking organization.

“While we encourage responsible innovation in the digital asset ecosystem, we will not hesitate to take action against illicit actors,” Adeyemo added.

State Department spokesman Matthew Miller said Pyongyang’s “aggressive cyber-theft campaign” has been flagged by experts for its role in generating funds for North Korea’s nuclear and ballistic missile programs.

Last year US officials imposed sanctions against another virtual currency mixer, Blender.io, also charged with providing services to Lazarus Group.

The Treasury said Wednesday that Sinbad is believed by some experts to be a successor to Blender.io.

Sinbad was used to launder a “significant portion” of $100 million worth of virtual currency stolen in June from customers of Atomic Wallet, said the Treasury.

It added that the tool was also tapped to launder a portion of virtual currency from another heist of approximately $620 million last year.

Clear risk

In separate remarks released Wednesday, Adeyemo was expected to tell a summit in Washington that inaction by too many crypto firms in preventing abuse of digital assets “represents a clear and present risk to our national security.”

In prepared remarks to the Blockchain Association’s policy summit, he added that the Treasury is asking Congress to consider reforms that would expand its tools to pursue illicit actors in the digital asset space.

“We are calling on Congress to create a secondary sanction regime that will not only cut off a firm from the US financial system, but will also expose any firm that continues to do business with the sanctioned entity to being cut off,” the remarks say.

Last week, US officials announced a deal under which cryptocurrency exchange Binance will pay over $4 billion in penalties, while its chief executive Changpeng Zhao stepped down and pleaded guilty to money laundering violations.

Adeyemo said the government’s challenge goes beyond cryptocurrency exchanges.

Source: AFP

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Legit.ng – https://www.legit.ng/business-economy/economy/1566263-us-slaps-sanctions-crypto-mixer-by-nkoreans-laundering/

Tags: newssanctionsslaps
Previous Post

Ottawa, Google reach ‘historic’ deal to support Canadian media

Next Post

Checkout adorable photos of these babies who bear striking resemblance

Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

July 24, 2025
The year of the women’s-sports bar – The Economist

The year of the women’s-sports bar – The Economist

July 24, 2025
Threat reduction must be coupled with targeted recovery programmes to conserve global bird diversity – Nature

Threat reduction must be coupled with targeted recovery programmes to conserve global bird diversity – Nature

July 24, 2025
Three Recent Texas Science Graduates Receive Fulbright U.S. Student Awards – College of Natural Sciences

Three Texas Science Graduates Honored with Prestigious Fulbright U.S. Student Awards

July 24, 2025
An Extra Sense May Connect Gut Bacteria With Our Brain – ScienceAlert

An Extra Sense May Connect Gut Bacteria With Our Brain – ScienceAlert

July 24, 2025
Nutrition and lifestyle hold the key to overcoming obesity risk – The Hans India

Unlock the Secret to Beating Obesity: How Nutrition and Lifestyle Transform Your Health

July 24, 2025
He ‘found his place in the world’ through football. Then came 15 years of suffering – The New York Times

From Football Dreams to 15 Years of Unyielding Struggle: One Man’s Journey to Finding His Place in the World

July 24, 2025
How Nuclear Fusion Could Revive This State’s Startup Economy – Inc.com

How Nuclear Fusion Could Spark a Revival in This State’s Startup Scene

July 24, 2025
Hollywood’s writers won the strike but lost the work – Spectrum News

Hollywood Writers Win Strike Victory but Confront New Challenges Ahead

July 24, 2025
Health For All reminds Brazos Valley of healthy habits, resources during summer months – KBTX News 3

Stay Healthy This Summer: Must-Know Tips and Resources for Brazos Valley Residents

July 24, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (737)
  • Economy (760)
  • Entertainment (21,642)
  • General (16,080)
  • Health (9,798)
  • Lifestyle (768)
  • News (22,149)
  • People (762)
  • Politics (769)
  • Science (15,976)
  • Sports (21,258)
  • Technology (15,743)
  • World (743)

Recent News

Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

July 24, 2025
The year of the women’s-sports bar – The Economist

The year of the women’s-sports bar – The Economist

July 24, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version