The U.S. Treasury's OFAC sanctioned Sinbad.io, describing it as a virtual-currency mixer used by North Korea's Lazarus Group to launder stolen funds. The release says Sinbad processed millions of dollars from Lazarus heists, including the Horizon Bridge and Axie Infinity thefts, and was also used for other illicit activity such as sanctions evasion and darknet-market transactions. Treasury frames the action as part of a broader effort to disrupt DPRK revenue generation for weapons programs through cyber-enabled cryptocurrency theft and laundering.