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+--- Thread: Samourai Wallet Founders Arrested and Charged With Money Laundering (/showthread.php?tid=6269386)
Samourai Wallet Founders Arrested and Charged With Money Laundering - 2SLiCkZ - Apr 24, 2024
https://www.coindesk.com/policy/2024/04/24/samourai-wallet-founders-arrested-and-charged-with-money-laundering/
#Monero #XMR
RE: Samourai Wallet Founders Arrested and Charged With Money Laundering - Truth - Apr 24, 2024
total BS, when will people get tired of tyrants and slavery
RE: Samourai Wallet Founders Arrested and Charged With Money Laundering - 2SLiCkZ - Apr 25, 2024
(Apr 24, 2024 04:19 PM)Truth Wrote: total BS, when will people get tired of tyrants and slavery
It's only going to get worse from here.
RE: Samourai Wallet Founders Arrested and Charged With Money Laundering - Omniscient - Apr 25, 2024
[mention=3209658] Curious his take since he's all about these mixing wallets for privacy.
I have the wallet on my phone. I don't use the mixing service but I liked the wallet and imported another wallet for usage.
I just looked and the wallet balance is zero however, it's not. That means the app is likely compromised or the backend servers seized. I'm uninstalling the app now. Who knows what's going on when you connect to the wallet.
Suggest anyone who does use the app to immediately uninstall. Hope you have a backup seed to import into Electrum.
RE: Samourai Wallet Founders Arrested and Charged With Money Laundering - flyingduck - Apr 25, 2024
super curious on the outcome of that lawsuit. just by the definition of "money" "asset" "securities" etc etc.
RE: Samourai Wallet Founders Arrested and Charged With Money Laundering - Omniscient - Apr 25, 2024
(Apr 25, 2024 01:02 PM)flyingduck Wrote: super curious on the outcome of that lawsuit. just by the definition of "money" "asset" "securities" etc etc.
They'll be convicted. Money Laundering is a fairly broad and easy conviction for Prosecutors. That's why nearly every criminal has ML as an added charge if their crime involves any money/assets at all. Deal drugs, you're a money launderer. Mix crypto, you're a money launderer.
The Defendants will have to give up their earnings and still serve some prison time imho. That's our world right now.
RE: Samourai Wallet Founders Arrested and Charged With Money Laundering - Eran - Apr 25, 2024
As a beginner in crypto and investing, could this news affect the prices short term?
RE: Samourai Wallet Founders Arrested and Charged With Money Laundering - Omniscient - Apr 25, 2024
(Apr 25, 2024 01:44 PM)Focus Broken Wrote: I'm going to make it easy on the lawyers for once and just shut my mouth about this one.
Wallets in the app stores with built-in mixing services imho are done. You can expect every wallet with Coinjoin built-in to be disabling the feature and removing it next update. Watch.
RE: Samourai Wallet Founders Arrested and Charged With Money Laundering - 2SLiCkZ - Apr 25, 2024
(Apr 25, 2024 02:01 PM)Omniscient Wrote: Wallets in the app stores with built-in mixing services imho are done. You can expect every wallet with Coinjoin built-in to be disabling the feature and removing it next update. Watch.
Sparrow wallet already caved in and just released an update removing their privacy features. It's over for any mixing services.
https://twitter.com/SparrowWallet/status/1783513555469242400
RE: Samourai Wallet Founders Arrested and Charged With Money Laundering - flyingduck - Apr 25, 2024
(Apr 25, 2024 01:32 PM)Eran Wrote: As a beginner in crypto and investing, could this news affect the prices short term?
well news like that affect volatility. it's interesting in terms of day-/intratrading.
longterm, i don't think it'll be affecting too much. platforms like those still exist and will continue to pop off the ground using different methods. think tornado-mixer, etc. it's like that snake/dragon that regrows it's heads.
RE: Samourai Wallet Founders Arrested and Charged With Money Laundering - titi - Apr 25, 2024
they see the solution as a problem of course
RE: Samourai Wallet Founders Arrested and Charged With Money Laundering - SIM-1866423 - Apr 26, 2024
Quite normal this is just beginning.
RE: Samourai Wallet Founders Arrested and Charged With Money Laundering - Omniscient - May 2, 2024
(May 2, 2024 10:24 AM)Focus Broken Wrote: You were right Omni. https://blog.wasabiwallet.io/zksnacks-is-discontinuing-its-coinjoin-coordination-service-1st-of-june/
They have no choice. They risk being arrested basically anywhere in the world. Pretty dang sad how powerful the US has become, mainly because it's corrupted now.
"Power corrupts and absolute power corrupts absolutely." - Lord Acton
https://en.wikipedia.org/wiki/John_Dalberg-Acton,_1st_Baron_Acton
RE: Samourai Wallet Founders Arrested and Charged With Money Laundering - Mewtwo - May 2, 2024
(May 2, 2024 10:24 AM)Focus Broken Wrote: You were right Omni. https://blog.wasabiwallet.io/zksnacks-is-discontinuing-its-coinjoin-coordination-service-1st-of-june/
Let’s see what the US does next, arrest VPN owners for allowing users to access tools like coinjoin
RE: Samourai Wallet Founders Arrested and Charged With Money Laundering - Omniscient - May 2, 2024
(May 2, 2024 11:22 AM)Mewtwo Wrote: Let’s see what the US does next, arrest VPN owners for allowing users to access tools like coinjoin
They are gonna focus on convicting the one guy they arrested to make an example out of him.