This is in connection with the recent Bybit hack, where they reportedly lost $1.5 billion. Shortly after, an article came out titled...
Bybit Funds on the Move, Could be Headed for Bitcoin Mixers ‘Next’: Elliptic
As you can see, they used the word "could," which means there’s no confirmed result yet on where the money will actually go. It’s like they’re implying that in any illegal activity, including this hack, the hackers will automatically launder the funds through a mixer to cash out, making it harder to track.
No wonder mixers have developed a bad reputation. Even though they’re meant for privacy, illegal transactions like these overshadow their legitimate uses.
Thoughts.....
The purpose of mixers is good, they help you to increase your privacy but the problem is that probably majority of users use them for illegal activities. Even if 1/3 of their users use it for illegal activities, it's enough to convince people that mixers are bad for everybody.
What do you think, which politician wins elections, A) The one who talks about how billions of dollars are laundered through mixers and how should we can them for a better future or B) The politician who talks that despite the fact that some people use it for illegal activities, we shouldn't ban them because they help people to keep high privacy.
I think B loses without a chance.