Phoenix Wallet to be removed from US app stores

[NotATether]

Just when you thought the fallout from Samourai Wallet's demise couldn't get any worse, here we are again with news from last night that apparently, Phoenix Wallet is planning to cut off all their US app users.



Phoenix Wallet is not just a Bitcoin Wallet, it is also a Lightning Wallet, and that is a big problem since Phoenix Wallet opens the channels for you, which also means that those channels are soon going to be cut (or in Lightning Network jargon "closed").

[un_rank]

The U.S is one of, if not the biggest bitcoin market today. With the clampdown on mixers, miners, privacy channels and now anything that allows you stay under the grid without KYCing, it is now more important to take your privacy very serious.

Those in the U.S should consider if there is a legal channel to kickback against this policies and the entire bitcoin community needs to start getting more innovative in creating and also promoting softwares that are 100% decentralized and support privacy.

- Jay -

[ABCbits]

Looks like they're in a hurry, since there's only a week between the notice and removal. I don't use this wallet, but i certainly hope those who use Phoenix Wallet receive notification on device they use. I wonder if they protect themselves against this notice, https://www.ic3.gov/Media/Y2024/PSA240425 where they could get caught if FBI use loose/wide definition of Money Services Businesses (MSB).

[Husna QA]

I see dkbit98 also created a similar thread discussing information about Phoenix Wallet planning to remove the app from the Android and iOS app stores here:
https://www.altcoinstalks.com/index.php?topic=320789.0

Looks like they're in a hurry, since there's only a week between the notice and removal. I don't use this wallet, but i certainly hope those who use Phoenix Wallet receive notification on device they use. I wonder if they protect themselves against this notice, https://www.ic3.gov/Media/Y2024/PSA240425 where they could get caught if FBI use loose/wide definition of Money Services Businesses (MSB).

So far, no notifications have appeared from the Phoenix wallet (iOS version) that I use. I don't know whether users from the US get this notification through the application or not.

[PX-Z]

I feel like my country will follow what US has been started, as its "fighting" for anti-money laundering on their very own terms. For now unregulated CEX were already banned and blocked, together with its apps on playstore and appstore (soon) is currently requesting to removed as well.

[Aanuoluwatofunmi]

Just when you thought the fallout from Samourai Wallet's demise couldn't get any worse, here we are again with news from last night that apparently, Phoenix Wallet is planning to cut off all their US app users.



Phoenix Wallet is not just a Bitcoin Wallet, it is also a Lightning Wallet, and that is a big problem since Phoenix Wallet opens the channels for you, which also means that those channels are soon going to be cut (or in Lightning Network jargon "closed").

I don't know why US government are just clamping on Bitcoin a d it's users, was it because they are unable to regulate the whole idea behind a decentralized network or this is just an internal issues they have developed with Phoenix wallet team or developers, honestly we can't keep on seeing the way attacks upon attacks like this will continue till we have nothing left to enjoy about the use of bitcoin, just as the had on mixers, do they want us not to achieve our main goals with bitcoin by coming in different dimensions for attacks on bitcoin users.