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DOJ Charges Operators of Crypto Mixers with Money Laundering
The U.S. Department of Justice (DOJ) has charged three Russian nationals with operating cryptocurrency mixing services Blender.io and Sinbad.io, alleging they laundered over $700 million in illicit proceeds. This case highlights the increasing misuse of crypto mixers by cybercriminals, including ransomware groups and state-sponsored actors, to obfuscate their transactions and evade detection.