BREAKING: Samourai Wallet Founders Arrested & Charged with Money Laundering, Unlicensed Money Transmitting Offenses
- The charges include conspiracy to commit money laundering and conspiracy to run an unlicensed money transmitting business.
- The Samurai Wallet website has been confiscated, and a seizure warrant for Samurai's mobile application has been submitted to the Google Play Store.
https://www.nobsbitcoin.com/samourai-wallet-founders-arrested-and-charged-with-money-laundering/
Yeesh
does this affect the coins in whirlpool?
No.
If you aren't running your own dojo, you're fully deanonymized, and if another coordinator pops up, your mixes would be pointless. Move to a new seed. (If you are using dojo, nothing is necessary to do now)
👉 https://nitter.poast.org/SamouraiWallet/status/1230404928566439936
"fully deanonymized" - After reading the posts of this link, Tell me how this is supposed to work technically? Unless you've been fooling around with KYC UTXOs.
The wallet server has all the xpubs for non dojo users & the xpubs with a bunch of 1m, 5m, etc sat UTXOs in their histories are the postmix accounts. *If* the feds have the wallet server, they can find the postmix account, find the corresponding other three accounts, and cluster every users transactions & mixes together, so unless a user never touched KYC, their name would likely be tied to their cluster.
Don't forget, the guy who wrote those posts...is now in prison. Whether prison for this is right or wrong (it's the latter), the samourai guys clearly didn't have it all figured out.
yes, this is where all my teachings about sovereign individuals are useful...
but nobody is listen to a drunk old guy
What’s your fav drink
I do
then you will survive....
We are at "They will fight you" phase.
There's the need to fight back otherwise the "Then you win!" phase is not granted.
*Samourai
The story will be updated with more useful information and key details and as they emerge.
Ooops
These criminal institutions just attacked freedom and privacy again. Time to fight back?
Fight back by using a transparent coin that celebrates KYC, ETFs and NGU?
People totally lost the plot.
And then they wonder why Monero is trading so low and ridicule it.
Not even considering for a split second that it might indeed be true claims by cypherpunks that it is attacked by state forces for half a decade already.
I hate it. But I followed them on X and their tweets almost BEGGED for this type of scrutiny.
Innocent until proven guilty. But damn if they didn't ask for the spotlight.
Side effect: everytime they press charges against Bitcoiners for running an unlicensed money transmitting business they set precedent that Bitcoin is indeed money. Weird how the statists can have it both ways just depending on who they want to target.
How can they be charged with laundering money when they don’t classify bitcoin as money?
🤡
State be like: you are doing money because bitcoin is unlicensed money
Also the state: guy bitcoin is dangerous because it is not money
Why are people being charged with unlicensed money transmitting when at least three gov agencies say Bitcoin is a commodity? I mean wtf? Do they just make up whatever they want whenever they want? If it's *not* money how can this happen? If it is money why are we subject to capitals gains?
Why?
Because /they/ say so, plebian. The operators weren't members of The Club, so they were required to be punished.
/Anything/which goes against The State, its wishes, or its policies (subject to change, without you knowing, BTW) is verboten.
They have been talking out both sides of their goddamn mouths since 2010.
Its always about market control. This time, it is about capture the market and the surveillance.
Where whirlpool customers will go ?
Bisq
coinbase
strike
...
They all under strict control. So next time u want to buy bitcoin put some brain behind if its traceable (kyc) or not.
All and all to say this is good for bitcoin. Bitcoin price will go up thanks to corrupt people. And will only survive if people put the work, without losing the ideas behind what the protocol is about. The answers is never be money !
Isn't Whirlpool and Dojo open source and self-hostable? Maybe hope is not all lost. Though that massive Whirlpool liquidity is certainly gone.
yah running your own is possible & then you give SCODEs to participate
Then they fight you stage.
Buckle up for more of this shit.
So now providing the same anonymity as cash is labeled as money laundering?
nostr:note1rea30qc9m4ptlj69r85f26ey935p5rxwg7ejg24nnrucgkmeuwfqrkdf85
Something is wrong with this world 😬 Privacy is not a crime #Bitcoin
That's crazy. They will probably make an example of it. I hope it doesn't lead to people giving up their privacy for fear of punishment. Instead, I hope it leads to people losing their faith in the good state.
Very sad, alarming, revolting
nostr:note1rea30qc9m4ptlj69r85f26ey935p5rxwg7ejg24nnrucgkmeuwfqrkdf85
They really are afraid….
It finally happened. #Samourai wallet too good for this world. But where to next? #asknostr
sounds like the federal government is going a little criminal...
Did you invest in them when you were drunk
Ouch!
