[2SLiCkZ]

https://www.coindesk.com/policy/2024/04/...aundering/

#Monero #XMR

[Truth]

total BS, when will people get tired of tyrants and slavery

[2SLiCkZ]

total BS, when will people get tired of tyrants and slavery

It's only going to get worse from here.

[Omniscient]

[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.

[flyingduck]

super curious on the outcome of that lawsuit. just by the definition of "money" "asset" "securities" etc etc.

[Omniscient]

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.

[Eran]

As a beginner in crypto and investing, could this news affect the prices short term?

[Omniscient]

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.

[2SLiCkZ]

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...5469242400

[flyingduck]

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.

[titi]

they see the solution as a problem of course

[SIM-1866423]

Quite normal this is just beginning.

[Omniscient]

You were right Omni. https://blog.wasabiwallet.io/zksnacks-is...t-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_Dalbe...aron_Acton

[Mewtwo]

You were right Omni. https://blog.wasabiwallet.io/zksnacks-is...t-of-june/

Let’s see what the US does next, arrest VPN owners for allowing users to access tools like coinjoin

[Omniscient]

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.