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Author Topic: Samourai Wallet seized and founders arrested  (Read 4597 times)

Offline ABCbits

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Re: Samourai Wallet seized and founders arrested
« Reply #30 on: April 29, 2024, 12:58:10 PM »
--snip--
Or yeah, maybe the honeypot of them all, cryptocurrency forum,  :)

Unless you refer to deep/dark-web forum (such as Dread), they will only get data about average investor and signature/bounty hunter which have little value :).

Question is what wallet and service is next on the list in their evil agenda?
Maybe Sparrow or another centralized mixer. Those banks are not arrested but many of the money they have with them are not clean.

IMO another centralized exchange (who had weak or optional KYC) will be next target. After all, it happened to Binance in last year.
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Re: Samourai Wallet seized and founders arrested
« Reply #30 on: April 29, 2024, 12:58:10 PM »

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Online Stompix

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Re: Samourai Wallet seized and founders arrested
« Reply #31 on: April 29, 2024, 04:28:11 PM »
--snip--
Or yeah, maybe the honeypot of them all, cryptocurrency forum,  :)

Unless you refer to deep/dark-web forum (such as Dread), they will only get data about average investor and signature/bounty hunter which have little value :).

Well, theymos managed to remove any doubt about a honeypot there, he started banning things faster than the government and he openly said that if a request came, watch your history! I don't think that there is anything important on these forums other than IP data and internal mails, things the feds can get anyhow pretty easily.

As for darkwebs, that's a known fact they ran at least one after they seized it, and probably they have a few under their control as we speak.

Offline dkbit98

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Re: Samourai Wallet seized and founders arrested
« Reply #32 on: April 29, 2024, 05:01:40 PM »
Let's see how this works for them, and if it wasn't too late.
Probably next is mandatory KYC....
Smart play from Wasabi team, but there is no guarantee this will protect them from anything.
Phonix wallet did something similar with removing their apps from stores for all US citizens.
People think only US is the problem, but it's not, this is coordinated worldwide attack on people and privacy.

A reminder that running your own node and wallet is perfectly legal.
I always tell people that they can make anything illegal whenever they want, and I am sure they can find holes with bitcoin keys.
Owning a gold was once illegal also.
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Offline Lucius

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Re: Samourai Wallet seized and founders arrested
« Reply #33 on: April 29, 2024, 06:36:07 PM »
~snip~
You (not you personally!) wanted regulation this is what comes with regulation, it's the same in every branch, from ridesharing to prostitution, you finally do lawfully things by the book and you cry at night about the times when it wasn't regulated and everything was nice and easy!

In terms of right and privacy and freedom things will get only worse, and this is just the beginning!


I personally would like "them" to focus more on other things when it comes to cryptocurrencies, such as for example stablecoins, or all those shitcoins that are listed on CEXs, and anyone who looks a little closer to that topic sees that 99% of all that is just a nicely packaged scam.

Realistically, the real problems are elsewhere and are much bigger than mixers or LN wallets, but it is obviously much easier for them to fight against mixers because that is how they actually fight against the privacy that they can provide. Maybe it sounds a bit selfish, but I'm glad that we "elderly" will begin to "retire" a little bit and we won't have to witness everything that's coming.
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Re: Samourai Wallet seized and founders arrested
« Reply #34 on: April 29, 2024, 08:31:39 PM »
Smart play from Wasabi team, but there is no guarantee this will protect them from anything.
Phonix wallet did something similar with removing their apps from stores for all US citizens.
People think only US is the problem, but it's not, this is coordinated worldwide attack on people and privacy.

I'm not sure it's a good idea to make KYC mandatory, in case the team is thinking about it. That would immediately mean the loss of a large percentage of users who, precisely what they are looking for, is that no one requires them to do KYC to try to maintain privacy. Like the Phoenix wallet team, the US cryptocurrency market is the largest, as I remember.

Personally, I don't think the United States is the problem, but I think you will agree with me that right now everything is orchestrated from that country. At least in the news we don't see cases like this coming from other countries, and if such cases exist, they must be very few.

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Online SamReomo

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Re: Samourai Wallet seized and founders arrested
« Reply #35 on: April 29, 2024, 09:13:19 PM »
That's what I wonder, which one will be next, but we can be sure that some other service is already being investigated.
I was thinking about Wasabi wallet but now they have taken some action by stopping their service for US citizens.

That counteraction taken by Wasabi wallet could be harmful for them as well because now users may say more negative words about them.

They already have seen enough negative words and now their this act may allow the ones who are against the concept of that wasabi wallet and consider their wallet useless.

According to the government, they should know about every single thing you do with your money.
So in laymen terms, they want everyone to be as transparent as possible, and that's something privacy oriented activists would never even think about. Government is against privacy because they don't want others to be secure from their eyes, but privacy activists would always try their best to do things as privately as they possibly can.
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Re: Samourai Wallet seized and founders arrested
« Reply #36 on: April 30, 2024, 12:43:22 AM »
At least in the news we don't see cases like this coming from other countries, and if such cases exist, they must be very few.
The U.S are very strong in their 'fight' against privacy in the guise of fighting money laundering, but i believe some parts of Europe are also doing the same thing. The wave of attacks against crypto services is spreading and i agree that very soon, it would be almost everywhere, the government will want to know exactly what you do with your coins.

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Re: Samourai Wallet seized and founders arrested
« Reply #36 on: April 30, 2024, 12:43:22 AM »


Offline Lucius

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Re: Samourai Wallet seized and founders arrested
« Reply #37 on: April 30, 2024, 03:41:44 PM »
~snip~
Personally, I don't think the United States is the problem, but I think you will agree with me that right now everything is orchestrated from that country. At least in the news we don't see cases like this coming from other countries, and if such cases exist, they must be very few.


I've already written something about this over the years on BTT, and one of the things I mentioned is that we shouldn't be too surprised if one day the US takes an identical (or just a little milder) attitude towards Bitcoin and cryptocurrencies in general, as China did. The only difference is that China can do it literally overnight with regard to its political system, while the US still has to do it gradually in order to leave the appearance of a country where human rights still exist to the extent that they are presented to the world as a nation.

Although if we look at the facts, we see that the obsession with control over everything and everyone is fiercely expressed in the US and that they will stop at nothing in the fight for that control. The problem is that a lot of things that have to do with cryptocurrencies have been centralized in the US, be it CEXs, mining, ETFs - but also the fact that the US has a great influence on a large part of the world, which means that others will follow their lead.
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Re: Samourai Wallet seized and founders arrested
« Reply #38 on: May 01, 2024, 11:49:40 PM »
The U.S are very strong in their 'fight' against privacy in the guise of fighting money laundering, but i believe some parts of Europe are also doing the same thing. The wave of attacks against crypto services is spreading and i agree that very soon, it would be almost everywhere, the government will want to know exactly what you do with your coins.
Governments around the world are the biggest scammers with money laundering and crazy taxation system.
I dont see any benefit to anyone, and nobody is going to be protected becasue they arrested some wallet developers.
Some time in future people are going to laugh when they hear and read why they put people in prison for  >:(

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Re: Samourai Wallet seized and founders arrested
« Reply #39 on: May 02, 2024, 09:52:24 AM »
The U.S are very strong in their 'fight' against privacy in the guise of fighting money laundering, but i believe some parts of Europe are also doing the same thing. The wave of attacks against crypto services is spreading and i agree that very soon, it would be almost everywhere, the government will want to know exactly what you do with your coins.
Governments around the world are the biggest scammers with money laundering and crazy taxation system.
I dont see any benefit to anyone, and nobody is going to be protected becasue they arrested some wallet developers.
Some time in future people are going to laugh when they hear and read why they put people in prison for  >:(
Scammers are still seeing many ways to scam successfully with their fiat. Terrorists still spend their fiat but they will be talking about cryptocurrencies if little of it is link to terrorism. Most laundered money are in banks and some are buried somewhere underground most especially by the political leaders. This life is just fucked. Fiat system itself is a scam, they still prefer to go against privacy when their non privacy way is not working.

I have a brother, he messaged me on Whatsapp recently but from how he  was chatting, I knew he was not him. His account was compromised, not him but a scammer. The scammer is using it to contact people he (my brother) saved their contact. He asked me for money and he gave me a bank that you will think you will be able to trace. But if you trace it, it will be linked to an innocent person. I did not even know the bank or what it is. But I know there are many fake KYCs this days on the online banks that you can open directly on your device without going anywhere.

Their fiat system or monetary system is a failure against scam, money laundering, terrorism, banditry and other criminals activities.

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Re: Samourai Wallet seized and founders arrested
« Reply #40 on: May 02, 2024, 10:42:33 AM »
I have a brother, he messaged me on Whatsapp recently but from how he  was chatting, I knew he was not him. His account was compromised, not him but a scammer. The scammer is using it to contact people he (my brother) saved their contact. He asked me for money and he gave me a bank that you will think you will be able to trace. But if you trace it, it will be linked to an innocent person. I did not even know the bank or what it is. But I know there are many fake KYCs this days on the online banks that you can open directly on your device without going anywhere.

Their fiat system or monetary system is a failure against scam, money laundering, terrorism, banditry and other criminals activities.

The matter of fact is that these are exactly the kinds of fraud that need to be cracked down on, but since it is "expensive" to go and track every single person doing these things who are in different countries, as well as "inconvenient" for the platform owners who will lose money as a result of lack of revenue made by having these scammers as users, nothing is done about it. Private company interests (which are just money, money, and more money) always get in the way, and the governments go after small fish who can't defend themselves.
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Re: Samourai Wallet seized and founders arrested
« Reply #41 on: May 02, 2024, 07:02:24 PM »
Or maybe a cryptocurrency forum?  :-\
They like to mix things, so maybe they will take a break and move on some exchange next.
Now would be the best time to improve security and privacy for any crypto service.

A forum?. Well, to be honest, I wouldn't be surprised if they point out a cryptocurrency forum one day. The way theymos has acted and managed BTT since January (although logically he made those decisions before) of this year is a telling clue and something that should make all users think about how things could be. And it is something whose solution is not simple.

It is not as easy as "moving" the forum to the Darknet, Tor and .onion is not the solution, since part of the traffic always comes from the clearnet and the "technical" issues, although simple, would make many users decide not to enter to the forum. The (possible) solution would be a decentralized software for forums, something similar to Mastodon (although its servers, called instances, are centralized) but focused on forums, and as far as I know there is no software of that type available.

Sorry, I read this post while checking the thread but forgot to reply to you.
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Re: Samourai Wallet seized and founders arrested
« Reply #42 on: May 02, 2024, 10:38:43 PM »
A forum?. Well, to be honest, I wouldn't be surprised if they point out a cryptocurrency forum one day.
I don't think forum is their main target yet, but they will eventually try to shut down every free speech platforms that talks about bitcoin.
If they don't shut down bitcointalk and other crypo forums they could always try the takeover tactics.

I'm not sure it's a good idea to make KYC mandatory, in case the team is thinking about it.
What KYC?!
They never mentioned any KYC and me neither.
Only thing they can do is to exclude someone from using their service based on IP address.

Personally, I don't think the United States is the problem, but I think you will agree with me that right now everything is orchestrated from that country.
They became just a puppet state, so no they are not the main problem.
Country that is the main source of problem is much smaller and younger than US ;)

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Re: Samourai Wallet seized and founders arrested
« Reply #43 on: May 03, 2024, 08:17:55 PM »
I think that if the time comes when they try to close forums like Bincointalk or this one (which I hope does not happen), the communities as a first solution could try to stay on the Darknet, but I also think that they would be much smaller communities, for fear of a situation such as the closure of forums and the possible "hunting" of users. I mean, I think panic would cause many users to stop participating in the forums. All this makes me think what would happen to X, which is one of the social networks where cryptocurrencies are most talked about... Something tells me that X would not have any problem even if it is not a forum per se.

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Re: Samourai Wallet seized and founders arrested
« Reply #44 on: May 03, 2024, 11:55:15 PM »
I have been thinking what it would be like to have privacy in a few years from now, would it be completely impossible?

I believe that it will be as always, the more you press something, the more resistant it becomes.
Increasing pressure on privacy will probably provoke more sophisticated methods to protect it.
I believe you examplens. There's an African bird which said "if men have learnt how to shoot without missing, he also has learnt how to fly without perching.
As you have said, the more the fight against privacy intensifies, privacy men will develop ways to remain relevant. It is necessity that breeds innovation. I am not deterred. In as much as there's internet, there'll always be a way...
« Last Edit: May 04, 2024, 12:29:19 AM by KingsDen »
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