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Re: After Chipmixer, Is Sinbad.io Next To Be Shutdown?
by
JollyGood
on 05/12/2023, 09:52:25 UTC
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.
I cannot speak for others but what sort of campaign manager does not release a full statement (detailing what their strategy is going forward) when one of clients has been seized for money laundering? Releasing a bit-part statement in the form of a less than two line post is completely unprofessional but what else can be expected from that campaign manager:

The case is serious and I am considering not to touch any funds that is in the escrow address right now unless I speak to a lawyer. This means no one is going to receive anymore payments unless I have a direction from the lawyer. It's for the safety of everyone.

Can you imagine Hhampuz or icopress doing the same thing? No

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.
If the funds were from a money launderer, he will probably be advised to never touch them. At some stage maybe the law enforcement agencies will ask for them to be seized.

Having said that, these are interesting times indeed because the campaign manager was aware he was promoting a mixer that was a re-branding of a known money launderer. I wonder if he will mention that to his lawyer.