The Department of the Treasury on Friday announced first-of-their-kind sanctions against virtual currency mixer Blender.io for its alleged role in a significant virtual currency heist carried out by a North Korean state-sponsored cyber hacking group.
Blender was designated by the Office of Foreign Assets Control after it processed more than $20.5 million of the illicit proceeds seized by the Lazarus Group during its March 23 heist, the Treasury stated. Lazarus Group is believed to have stolen approximately $620 million, the largest virtual currency heist to date.
