Can you explain to me exactly what's going on? I know the FBI shut down a wallet but that's about it.

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Nothing is going on. People love to freak out over FBI "warnings".

Lack of proper understanding of the technologies involved.

Samourai wallet dudes were extremely retarded by doing the coinjoins non-anonymously, that's all. They could've delegated that task to a different "company" off-shore.

Just typical murican retardation.