I read the news and it is true that the SinBad service has been seized by the FBI, Dutch and Finnish police.
And Sinbad was sanctioned by the US Treasury Department for North Korea's so-called Lazarus Group.
This article also mentions the signature campaign escrow address that still holds 0.35 and has received 15 BTC.
It is also said that the store is processing the mixed proceeds from the Horizon Bridge and Axie Infinity hacks.
This is very sad for the community. (But still, what a stange way to announce it on the forum, I am still surprised.)
However, this should be a reminder for all mixing services users, to
always use Tor.
The whole Sinbad story was very predictable. I've started to think that their time was counted some months ago, after reading Chainanalysis rapport:
Sinbad, one of the market leaders in the mixer's industry, attracts a lot of attention (that's why I stopped promoting their service), and I personally think that this is not to the users' advantage. Just read the latest Chainanalysis report and see how they are cited as the mixer the most used by North Korea to launder stolen funds for example. If your mixer's name appears in a lot of reports, how can you be 100% confident with the idea of mixing your coins via their service (especially for those selling them to a CEX at the end) ? From my point of view, I'd be worried about mixing large quantities of coins via a service that gets so much notice and noise.
--snip--
It looks like not many users lost funds (or no users at all), but still, we all knew that they were specifically under some unfriendly radars..