Chris started his journalistic adventure in 2006 as the Editor of Builder AU after originally joining CBS as a programmer. After a Canadian sojourn, he returned in 2011 as the Editor of TechRepublic Australia, and is now the Australian Editor of ZDNet.
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The United States Treasury has hit cryptocurrency mixing service Blender.io with sanctions, preventing transactions with US persons, off the back of it providing services for the attackers that made off with $600 million from the Ronin sidechain in March.
Last month, Treasury said the theft was conducted by the North Korean Lazarus group, which it first sanctioned in 2019, and updated its listed cryptocurrency addresses at that time, and again on Friday.
After the attack, Blender was used to process $20.5 million.
“For the first time ever, Treasury is sanctioning a virtual currency mixer,” Under Secretary of the Treasury for terrorism and financial intelligence Brian Nelson said.
“Virtual currency mixers that assist illicit transactions pose a threat to US national security interests. We are