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.

Replies (60)

We are at "They will fight you" phase. There's the need to fight back otherwise the "Then you win!" phase is not granted.
No Bullshit Bitcoin's avatar No Bullshit Bitcoin
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.
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No Bullshit Bitcoin's avatar No Bullshit Bitcoin
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.
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Citizen's avatar
Citizen 1 year ago
Guess they weren't in the appropriate country...
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.
No Bullshit Bitcoin's avatar No Bullshit Bitcoin
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.
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Sad day. But I hope it's a wake up call to the cypherpunks still left in Bitcoin: They will come for every Bitcoiner. Still see no value in Monero, anon?
No Bullshit Bitcoin's avatar No Bullshit Bitcoin
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.
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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.
You are promoting a KYC fucked fully transparent chain. Nothing wrong with that. But... By not recommending to use privacytech like Monero you are endangering people that follow your advice. This is not a drill. And I mentioned it before. There will be casualties, because of blind trust in Bitcoin's superiority when it really is all about tradeoffs.
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.
Wow
No Bullshit Bitcoin's avatar No Bullshit Bitcoin
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.
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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?
JT's avatar
JT 1 year ago
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.
Then they fight you stage. Buckle up for more of this shit.
No Bullshit Bitcoin's avatar No Bullshit Bitcoin
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.
View quoted note →
No Bullshit Bitcoin's avatar No Bullshit Bitcoin
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.
View quoted note →
Brian's avatar
Brian 1 year ago
Why do you have to choose?
BTC Maxik's avatar
BTC Maxik 1 year ago
Something is wrong with this world 😬 Privacy is not a crime #Bitcoin
No Bullshit Bitcoin's avatar No Bullshit Bitcoin
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.
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Develop pseudonymously, or else.
No Bullshit Bitcoin's avatar No Bullshit Bitcoin
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.
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We work for the middlemen. Dont get fool by his alleged advice. Afterall he is on the darkside of the force. That should tell u a lot about him.
Al's avatar
Al 1 year ago
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. View quoted note →
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.
It finally happened. #Samourai wallet too good for this world. But where to next? #asknostr image
No Bullshit Bitcoin's avatar No Bullshit Bitcoin
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.
View quoted note →
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 !
There no other alternatives. All get crush under some regulation or in bizarre storytelling. Remember if you dont have problem w middlemen/suits, that mean u are captured. Sparrow never get in any problem so far. That strange. What happen to other HW this year ? or in the end of last year ? Adam back enterprise never get in trouble ever. His enterprise are rewarded, another strange story humm...
spore's avatar
spore 1 year ago
I'd laugh pretty hard if the Feds used all these resources to find out I
spore's avatar
spore 1 year ago
used all these privacy techniques to purchase bread and sandwiches at a local bakery
DRUNKODELL's avatar
DRUNKODELL 1 year ago
Did you invest in them when you were drunk
Nutdanai 's avatar
Nutdanai 1 year ago
State be like: you are doing money because bitcoin is unlicensed money Also the state: guy bitcoin is dangerous because it is not money