Samourai Wallet: Breaking Down Dangerous Precedents

On Wednesday, the founders of the Bitcoin privacy wallet Samourai Wallet were arrested and charged on behalf of the US Government. The indictment could set dangerous precedents beyond Bitcoin privacy services. “If your government is worried about their own citizens controlling their money, the most important question you have to ask is ‘what the hell…

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Samourai Did Nothing Wrong, Self Custodial Tools Are Not Money Transmitters

An announcement was put out today by the Justice Department that Keonne Rodriguez and William Hill had been arrested and charged with operating Samourai Wallet, “an unlicensed money transmitting business” that executed “unlawful transactions.” Fuck the Justice department, full stop. At no point did Samourai custody user funds, have control over user funds, and ESPECIALLY…

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Bitcoin Mixing Service Samourai Wallet Founders Arrested, Charged With Money Laundering

In a significant development, Keonne Rodriguez and William Lonergan Hill, founders and CEO of the privacy-focused Bitcoin wallet and mixer, Samourai Wallet, have been arrested and charged with money laundering and operating an unlicensed money transmitting business. The U.S. Department of Justice (DOJ), Southern District of New York, announced these charges today following an extensive investigation…

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