The charges though… they were a coordinator, they did not custody or control funds in any way, how is that a money transmission business?
willingly assisting money laundering makes sense, but some cases are questionable, and I don’t trust their evidence
scamourai is gone, good, but the why is 🤮 nostr:note1cddcm56spgsyfpuajkf647vyrxhe3naw9m6tmhxkzks62rqn0hfq4phk5y
I don’t understand why they a scam?
I guess it will play out in courts over the next few years.
there's now a case using chainalysis data to convict without proving their methods actually work. I'm sure we will start seeing this shit happen much more often now.
yeah, precedent is being set and it’s awful
what even qualifies as a money transmitting business? does my LN node count? (certainly more than a blinded CJ coordinator) does an ecash mint count? what if I make software that allowed mixing like Tornado Cash did? (founders got arrested)
these are the same questions I have. and I doubt we'll get a good answer this time around.
