🚨 NEW: DONALD TRUMP ON PARDONING SAMOURAI WALLET DEVELOPER KEONNE RODRIGUEZ:
"I've heard about it, I'll look at it, you think he should be pardoned? Rodriguez, we'll look at that Pam, we'll take a look"
Full Clip👇
🚨NEW: BSV BACKER CALVIN AYRE TIED UP IN WIRECARD SCANDAL
New reports identify the online gambling kingping as the "single customer" behind Wirecard's fabricated business network.
Full story👇
🚨NEW: JP MORGAN DEBANKED JACK MALLERS. YOU COULD BE NEXT.
It's time to have an honest discussion about debanking.
Full story👇
🚨NEW: WILLIAM HILL SENTENCED TO FOUR YEARS IN PRISON, THREE YEARS OF SUPERVISED RELEASE
People should be deterred from doing what the Samourai Wallet developers did, Judge Cote stated in court.
Full story 👇
🚨JUST IN: Samourai Wallet developer William Hill sentenced to 4 years in prison, 3 years of supervised release
🚨NEW: EMAILS REVEAL JEFFREY EPSTEIN MONEY FINANCED BITCOIN CORE DEVELOPMENT
“Used gift funds to underwrite this which allowed us to move quickly and win this round. Thanks,” Media Lab Director Joi Ito wrote Epstein in an email titled DCI.
Full story👇
If you're still on X, join us tomorrow to discuss the sentencing of Keonne Rodriguez on spaces at 4pm eastern
If you're in NYC, join us for an in-person fireside chat from 5.30 at Pubkey
🚨KEONNE RODRIGUEZ SENTENCED TO 5 YEARS IN PRISON, $250,000 FINE, 3 YEARS OF SUPERVISED RELEASE
The Samourai Wallet developer will surrender to custody on December 19th. Rodriguez has the option to appeal, Judge Cote states.
Full story👇
"The judge did not seem particularly sympathetic to the financial privacy argument."
Key updates from Keonne's sentencing 👇
https://blossom.primal.net/5db106003d628504121a1fe25bd8923f16717babd2eff96a821837997f4f4479.mp4
Earlier this year, Rodriguez and Samourai Wallet cocreator William Hill plead guilty to conspiracy to violate money transmission licensing requirements for building a non-custodial Bitcoin privacy wallet.
Rodriguez doesn't identify the problem Samourai sought to solve, judge Cote said at the sentencing hearing.
“There is no acknowledgement [by Rordiguez] of the criminal world for whom digital currency is a gift … There seems to be no recognition of the human suffering that was facilitated by the defendant.”
Rodriguez pled guilty to a subsection of money transmitter licensing law criminalizing the knowing transmission of illicit proceeds.
The Defense requested a sentence of one year and one day. A pre-sentencing recommendation from probation authorities recommended 42 months.
The subsection applied to Roriguez is the same subsection that prosecutors used to convict Tornado Cash cocreator Roman Storm this August.
At the time, many scholars argued that the subsection was misapplied due to a lack of licensing requirements for non-custodial services.
Earlier this year, Assistant Attorney General Matthew Galeotti stated that the DOJ would no longer bring prosecutions against non-custodial developers under the subsection applied to Rodriguez, Hill and Storm.
The defense highlighted ambiguities in the law itself, citing confusion around whether licensing and regulatory requirements, such as the Bank Secrecy Act, applied to non-custodial services.
It also highlighted the need for services like Samourai Wallet to conceal otherwise public funds to protect Bitcoin users from extortion and kidnappings.
In addition to the 5 year sentence and $250,000 fine, Rodriguez will be on supervised release for 3 years.
20% of his gross income will be garnished after release to pay the fine, as will $25 a month or up to 50% of any income earned in Federal prison work programs.
🚨 KEONNE RODRIGUEZ SENTENCED TO FIVE YEARS, $250,000 FINE
Today and tomorrow we are live at the sentencing of Keonne Rodriguez and William Hill of Samourai Wallet ⬇️
https://blossom.primal.net/87836c0df8313246e9d110c74bf2c63d42e14c5735661656f647dc5d607f63a5.mp4
Mh ya you may wanna check ur sources on that one bud
Their arguments affect their sentencing but thanks for this stellar legal advice
🚨NEW: US GOVERNMENT SEEKS MAXIMUM SENTENCE FOR SAMOURAI WALLET DEVELOPERS
"I co-founded a software company to develop tools that could provide the anonymity necessary to make Bitcoin work as intended," Hill tells the court.
Full story👇
Just curious, have you read the BIP?
💥NEW:
A pseudonymous developer credits Bitcoin Knots maintainer Luke Dashjr for a softfork proposal that could split the Bitcoin blockchain, claiming Bitcoin Core exposes users to legal risks.
Full story👇
https://www.therage.co/running-bitcoin-is-illegal-dashjr-chainsplit-proposal-hits-bip-repository/
🚨NEW: Posts are claiming that a ChatGPT generated AI Passport passed KYC Checks at notable cryptocurrency exchanges. That's not true, the posts author tells The Rage.
How AI Passport scares are pushing for Digital IDs👇
“Victims of the pig butchering scam can just ask the Government for their money back before the funds are allocated to the Strategic Bitcoin Reserve.”
What “just asking the Government for your money back” looks like:
nostr:nevent1qqsx3swgyd4k4xcpeyylcgcdrus5g2ncmqrd5lq76ywp729q2eyw8qq9n6w90
🚨 NEW: US WANTS TO KEEP 127,000 BTC IN LARGEST ASSET FORFEITURE IN HISTORY
The lack of advocacy for the funds to be returned to victims displays the perverse incentives birthed by the US Strategic Bitcoin Reserve.
Full story👇
Who’s ready for new blockchain astrology drama? 🙋♀️
New story coming soon, sign up to get it straight to your inbox 👇
🚨NEW: KYC ALL THE THINGS: IS MARKET STRUCTURE BLOWING UP?
A leaked proposal by Senate Democrats would give Treasury sweeping powers to ban non-custodial services, establishing authority over what code can be deployed, and what code can't.
Full story👇
🚨NEW: Economists at the Bank of International Settlements propose banning any coin that has passed through a no-KYC wallet from regulated services to enable a culture of self-policing
Full Story 👇
https://www.therage.co/bank-of-international-settlements-kyc-non-custodial-wallets/
🚨UPDATE: Count 3, Sanctions evasion, is also inconclusive. The Government will decide whether it will retry Storm on money laundering and sanctions evasion.
🚨UPDATE: Jury also not unanimous on count 3, sanctions evasion. Government will decide whether it will retry charges one and three.
This Sunday. Everything you need to know about the criminal trial against Tornado Cash developer Roman Storm.
With Amanda Tuminelli, Taylor Monahan, Molly White, and Tim Clancy, hosted by David Z Morris 👇
Do corporate accounts not work on this protocol or are you all just really fucking lazy reposters