Crypto mixer Blender has been rebranded to Sinbad, says Elliptic

Blender, the cryptocurrency mixer sanctioned by the US Division of the Treasury’s Workplace of Overseas Belongings Management in Might, was “extremely probably” relaunched as Sinbad, in line with threat administration agency Elliptic.

In a Feb. 13 report, Elliptic stated its evaluation of Sinbad indicated that the crypto mixer was probably a rebrand of Blender in addition to having “the identical particular person or group accountable for it.” In keeping with the agency, Sinbad was behind the laundering of roughly $100 million in (BTC) for North Korea’s hacking group Lazarus.

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