According to Cointelegraph, the blockchain analysis company Elliptic stated that the encrypted coin mixer Blender may have been renamed Sinbad and re-operated, and a wallet suspected of Blender transferred $22 million to Sinbad. Additionally, Sinbad operates in the same way as Blender, including a ten-digit mixer code, a bond signed by the service address, and a transaction delay of up to seven days.