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Russian nationals indicted over Blender.io and Sinbad.io coin mixers

Four Russian nationals have been charged with money laundering and operating unlicensed money transmission services related to the crypto mixers Blender.io and its successor Sinbad.io.

The indictment highlights significant illegal activities, including transfers tied to ransomware proceeds totalling approximately 5,794 Bitcoin, worth around 171,136 USD, passing through the mixers in illicit transactions.

Legal experts express concerns that the charges lack concrete evidence directly linking the defendants to specific criminal acts, raising questions about jurisdiction and the implications for digital privacy in cryptocurrencies.

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