Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: sirty143 on December 02, 2023, 03:38:31 PM

Title: Crypto Mixer Sinbad Sanctioned by OFAC Over Alleged Ties to North Korean Hackers
Post by: sirty143 on December 02, 2023, 03:38:31 PM

Crypto Mixer Sinbad Sanctioned by OFAC Over Alleged Ties to North Korean Hackers

(https://i.imgur.com/gLvL4Gjm.jpg)

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on yet another cryptocurrency mixing platform, labeling Sinbad.io as a “key money-laundering tool” used by the North Korean... See more for yourself here (https://news.bitcoin.com/crypto-mixer-sinbad-sanctioned-by-ofac-over-alleged-ties-to-north-korean-hackers/).

Your opinion is greatly appreciated.

Title: Re: Crypto Mixer Sinbad Sanctioned by OFAC Over Alleged Ties to North Korean Hackers
Post by: bitbit97 on December 06, 2023, 08:55:10 AM

I've heard that mixers gonna be forbidden on forums. This has already caused changes on bitcointalks. Do you think we gonna have the same here problems? Sinbad isnt the first mixer that had troubles. Chipmixer was the first that started everything.

Title: Re: Crypto Mixer Sinbad Sanctioned by OFAC Over Alleged Ties to North Korean Hackers
Post by: Themepen on December 06, 2023, 09:33:13 AM

I know that the U.S. government has put restrictions on Sinbad.io because they think it has connections to hackers from North Korea. It's worrying to hear that some cryptocurrency websites are being used to hide illegally gotten money. It's important for the government to stop this kind of thing to keep the financial system fair.I'm glad that OFAC is trying to find and punish websites that are involved in illegal activities. It's really important for the cryptocurrency industry to be open and follow the rules so that people can trust it.