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News related to Crypto / Re: Samourai Wallet seized and founders arrested
« Last post by Faisal2202 on Today at 09:18:02 PM »For those who haven't seen itAnother wicket for the SEC and DOJ, Although I am not a user of this wallet but heard a lot about it as people prefer to use Samourai instead of Wasabi or any other. But now I guess the wasabi wallet's downloads will increase more. I won't say it's a bad thing that another wallet was taken down by the authorities because what they did was for the safety of us, although its a loss to those who prefer anonymity but still there are alternatives in the market.
The FEDs are again in action against services that provide privacy, of course, all under the auspices of the fight against money laundering.QuoteFederal prosecutors charged Samourai Wallet founders Keonne Rodriguez and William Lonergan Hill with conspiracy to commit money laundering
The funny thing is Wasabi also provides a conjoin service but due to some centralization in it, it's been not faced any warnings or seizures like Samourai did. I think these authorities really want to eliminate all the products providing anonymity, and on the article, they only mentioned that the CTO and CEO made 4 million dollars via fee and they were unregistered, but not a proof that they laundered illegal funds.