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Merits 4 from 1 user
Re: Sinbad is down, why people leave negative feedback for LE?
by
Helena Yu
on 30/11/2023, 04:59:45 UTC
⭐ Merited by The Sceptical Chymist (4)
Read the negative feedback explanation, if I create an alt account using your wife or parent names, can you trust me?

Quote
Negative - You think that trading with this person is high-risk. You might also be able to add a flag.


Did the article not say that anyone involved in mixing their funds with the various alleged criminals they mentioned essentially give up their rights to said funds?
It says they will block the funds that associated with Sinbad, but the sanctions is only for people who use Sinbad after this article released.

SANCTIONS IMPLICATIONS

As a result of today’s action, all property and interests in property of the entity described above that are in the United States or in the possession or control of U.S. persons must be blocked and reported to OFAC. OFAC’s regulations generally prohibit all dealings by U.S. persons or within the United States (including transactions transiting the United States) that involve any property or interests in property of a blocked or designated entity.

In addition, persons that engage in certain transactions with the entity designated today may themselves be exposed to sanctions.

There's an unaccepted proposal dedicated for mixing, it's not only for Sinbad, but every kind of ways to achieve privacy https://www.federalregister.gov/documents/2023/10/23/2023-23449/proposal-of-special-measure-regarding-convertible-virtual-currency-mixing-as-a-class-of-transactions