Sinbad
Sinbad (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Programs: DPRK3, CYBER2. Its property under U.S. jurisdiction is blocked and U.S. persons are generally prohibited from dealing with it.
Sanctions programs
North Korea DPRK3
Sanctions against North Korea based on several executive orders and laws, over its nuclear and missile programs. They cover its government, party, banks and those who trade with them or employ its workers abroad.
Malicious cyber activities CYBER2
Sanctions against those who carry out or benefit from significant cyberattacks, theft of trade secrets or attacks on critical infrastructure, based on Executive Order 13694 as amended.
Also known as
- SINBAD.IO · aka
Addresses on file
OFAC remarks
Website https://sinbad.io; alt. Website http://sinbadiovklgdbafpqvwfwjh2tfrisahtxmrskiovt62nirragcnkcad.onion; Email Address support@sinbad.io; alt. Email Address adv@sinbad.io; Digital Currency Address - XBT bc1qq7p0es3dv5hcynjjf40f2xjjr6qp5py47d2f6n847vduuq9gvnyq7y9ecd; alt. Digital Currency Address - XBT 1JHdQHkBZiim1cb4hyUh2PbzEbbg6z2TrF; Secondary sanctions risk: North Korea Sanctions Regulations, sections 510.201 and 510.210; Transactions Prohibited For Persons Owned or Controlled By U.S. Financial Institutions: North Korea Sanctions Regulations section 510.214; Organization Established Date 29 Sep 2022.
Frequently asked questions
What does it mean that Sinbad is on the SDN list?
It means that its property and interests in property under U.S. jurisdiction are blocked and U.S. persons are generally prohibited from dealing with this entity. Entities it owns 50% or more of, directly or indirectly, are also considered blocked.
Can a non-U.S. company do business with Sinbad?
OFAC sanctions bind U.S. persons and companies, as well as transactions that pass through the U.S. financial system (for example, U.S. dollar payments). Some programs, such as those for Russia and Iran, include secondary sanctions on non-U.S. persons. Seek advice before transacting.
How does an entity get removed from the SDN list?
A sanctioned party can petition OFAC for removal by showing a change in circumstances. OFAC publishes removals on its website; DataCloud USA updates the list daily and marks the profiles of delisted parties.
More context: how to check if a company is debarred or sanctioned.