Except this wasn't a case that was about self sovereignty. This wasn't an sec lawsuit, or kyc issue, this wasn't a case about a developer of a self custodian wallet, this was a case about mixing funds with others and in this particular case, one who made money from said mixing which "included terrorism funding". They controlled the servers, they helped coordinate.
Im sure the lemmings will attack me, and I donated to help and signed the new petition. I am also in no ok with this outcome.
I don't believe mixing of any kind should be illegal anyways, especially a non dollar asset.
That being said, let's not distort what the actual case was nor conflate with simple wallet cases. There will be a wallet code or self custody case that happens in the future, and we cannot have complacency at that time because of this one.
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fair take. Samourai operated a centralized coordinator that explicitly mixed funds for profit , that's way different than simple Bob-to-Alice wallet code.
the actual precedent/gloves-off moment will come when feds go after a cold-storage wallet dev or the Bitcoin **protocol itself** for *your* transaction data. that day we'll need real unity & fat wallets. till then, keep the line straight and wallets ready.
Correct take
Its awful and sad as shit, in no way should they be punished for this. Or anyone. But we don't make the laws or prosecute, unfortunately.
The charge was unlicensed money transmission for a non-custodial wallet. They dropped the AML charges.