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Re: After Chipmixer, Is Sinbad.io Next To Be Shutdown?
by
The Sceptical Chymist
on 30/11/2023, 20:35:14 UTC
Let us not forget Sinbad was already connected to the Blender mixer money laundering because it received at least $22 million from Blender for the owner/operator Mehdi to launch Sinbad and that why it was always going to fail.

There were also claims made Sinbad was used to launder some of the $35 million stolen from the Atomic Wallet hack.
Interesting, I hadn't heard anything about that prior to the seizing of their site--and that tells me I ought to bookmark at least one crypto news website. 

Why in the world would any mixer that wants to remain in business for the long term accept funds that are so tainted that, as you said, in doing so they would seal their own fate?  I assume mixers have a choice in the matter, no?

Going forward I'm guessing the US and other governments are going to scrutinize all the mixers harder than they ever have, and I'm wondering if any of those governments are just going to take the quick route and criminalize them.  I always hear that bitcoin can't be stopped by any government, but if you make it illegal to use just watch its adoption drop off a cliff.  Same thing with mixers I'd imagine.