16
News related to Crypto / Re: Samourai Wallet seized and founders arrested
« on: May 09, 2024, 04:34:05 PM »The thing is, you can't really outlaw mixers and coinjoins without also outlawing privacy coins such as Monero. The reason being, that it makes no sense to ban mixers when people will just do BTC <=> XMR <=> BTC exchanges on different exchanges.
I don't think they would care about that as long as it's done on centralized fully regulated and KYC-enforced exchanges, they have no intention of tracking all the stopping points, they want to know that X took 100 BTC out of exchange z and that Y deposited 100 BTC on exchange w, as long as they know the full identity of X and Y they are happy because they know you have 100 BTC, and then the IRS comes sweeping in, anything out of the ordinary and they will catch up!