Mixers are still mixing, whether it's Elliptic, Sinbad or Tornado. Will this attract new regulatory scrutiny?
in January. Blockchain analysis of wallets tied to a suspected Blender operator also showed $22 million in crypto going to Sinbad and other funds sent to individuals who promoted the mixer.
“The on-chain pattern of behavior is very similar for both mixers, including the specific characteristics of transactions, and the use of other services to obfuscate their transactions,” said Elliptic. “The way in which the Sinbad mixer operates is identical to Blender in several ways, including ten-digit mixer codes, guarantee letters signed by the service address, and a maximum seven-day transaction delay.
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