U.S. Blacklists Mixer Used to Launder Proceeds from Axie Infinity Crypto Hack – WSJ

The U.S. Treasury Department on Friday imposed sanctions on a virtual currency mixer it said North Korea used to help launder stolen virtual currency as part of the country’s malicious cyber activities program. The blacklisting of Blender.io marks the first time the Treasury has placed a cryptocurrency mixer on its sanctions list. Treasury’s Office of Foreign Assets Control, which implements…

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Coinbase Transactions Under Review by U.S. Sanctions Enforcer – WSJ

Cryptocurrency exchange Coinbase Global Inc. said its services may have been used by individuals, entities or jurisdictions subject to U.S. sanctions regulations and has disclosed the activity to a federal agency. The largest U.S.-based cryptocurrency exchange, which on Thursday filed to go public with the Securities and Exchange Commission, in a regulatory filing said it has submitted disclosures to or…

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