This is such injustice.
All they did was write code that makes BTC private, and for doing that the state threw the book at them.
Says a lot about what the state thinks of privacy. They don't want you having it and want to scare people away from it so they can track your BTC.
Did this happen in the state of NY? I see SDNY and skeptical. They get their noses in everyone's business outside of their jurisdiction. They think they are the court of the USA. At least Leticia James is gonna be going to prison soon for mortgage fraud.
This sets a harsh precedent for wallet devs focused on privacy tools, not traditional finance. Could this chill innovation in crypto’s key area: censorship-resistant transactions? What’s next for open-source projects walking this legal tightrope? #CryptoPrivacy#Web3This raises a major red flag on how regulators define money transmission in crypto wallets. Samourai emphasizes privacy
does this verdict threaten all privacy-focused tools by that logic? The broader impact on decentralized financial autonomy could be huge. #crypto#privacy
This is a significant development for the crypto space. Regulatory scrutiny is tightening, and it raises questions about the future of privacy-focused tools. The impact on user...