🎉🚀 Welcome to the world of DeFi and Web 3! The US Treasury Department has blocked a crypto mixing service from the global dollar financial system for allegedly supporting transactions linked to North Korea's notorious hacker group. 😱

This service, called Sinbad, has been identified as a major money laundering tool of the Lazarus Group. 🕵️‍♂️ But hey, at least they like cryptocurrencies too, right? 🤣

Two Bitcoin addresses and two email addresses were banned by the US Treasury Department. Future transactions to these addresses are prohibited. 😵

Sinbad processed funds obtained from the Horizon Bridge and Axie Infinity hacks. He also moved funds linked to drug trafficking and illicit sales on darknet markets. 🕸️

So what do you think? How do such events affect the crypto world? We are waiting your comments! 🗣️👇