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Topic
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Re: After Chipmixer, Is Sinbad.io Next To Be Shutdown?
by
nutildah
on 01/12/2023, 04:49:32 UTC
Any mixer that deviate from the mixing rules to do it own things and likeness will be shutdown. Because as a mixer you have to obey the rules set out for you to operate.

Your post doesn't make a lot of sense. What do you mean by "mixing rules"? Are you talking about requirements set by federal governments? If so, which ones? For a mixer to be able to service customers based in the U.S., it requires a money transmitter license, which means the mixer must not only register with the government but KYC for all customers (which defeats the purpose of the mixer). Other countries may have similar laws, some more lax laws, and some may not have any laws addressing the issue at all.

Arguably no mixer operates according to all the laws... it would more or less be impossible for them to do so.

Looks like their signature campaign manager has locked their thread and is saying they aren’t going to release any funds from escrow… Bold strategy. Let’s see how it pays off for them.

Well that's not exactly true. He said he's "considering not to touch any funds that is in the escrow address" until he receives direction from a lawyer. These are interesting times.