Post
Topic
Board Service Announcements
Re: [ANN] BitMixList.org - Bitcoin Mixer List
by
bitmover
on 02/04/2024, 22:16:33 UTC
In addition, delving into this case, I was able to talk to some people whose level of knowledge is colossal. And they shared information that sinbad was not confiscated by the authorities, saying that this was just a very well-developed trick to relieve tension. Which is quite logical... considering that chainalysis reported that after the closure of sinbad that YoMix's turnover increased 5 times. Secondly, this was the first time that a stub was placed in the site’s corporate style (some people appreciated LZ’s humor).
Thanks for posting screenshots with more information, but I don't understand this last part.
I can't be certain what exactly happened and if something was staged and fake, but I looked for government sources in the time that incident happened.
There was official statement from US state department claiming they sanctioned and seized sinbad, and U think there was even a seizure number posted somewhere:
Quote
"The Federal Bureau of Investigation has seized the service in accordance with a seizure warrant pursuant to 18 U.S.C. 981 and 982 as part of a coordinated international law-enforcement operation."
https://home.treasury.gov/news/press-releases/jy1933
https://www.bleepingcomputer.com/news/security/us-seizes-sinbad-crypto-mixer-used-by-north-korean-lazarus-hackers/

But looking at this again now, and maybe it was just sanctioned, not actually seized.

This is interesting, the US government do not mention the word "seized", they used the word sanctioned.

Quote
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Sinbad.io (Sinbad), a virtual currency mixer that serves as a key money-laundering tool of the OFAC-designated Lazarus Group, a state-sponsored cyber hacking group of the Democratic People’s Republic of Korea (DPRK).

But I remember sinbad saying that they were still operational, even after all that, and then theymos banned the mixers.