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Samourai Wallet Founders Admit Guilt in Landmark Unlicensed Money Transmitter Case
Samourai Wallet Founders Admit Guilt in Landmark Unlicensed Money Transmitter Case
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Crypto's privacy wars hit a new flashpoint as Samourai Wallet's developers cut a deal with prosecutors—pleading guilty to running an unlicensed money transmitter. The DOJ's hammer drops on another privacy tool, sparking fresh debates about financial sovereignty vs. regulation.
When code becomes contraband
The founders' admissions torpedo their once-lauded project, leaving Bitcoin maximalists scrambling to defend the narrative. Meanwhile, traditional finance sharks circle—smirking at crypto's latest 'compliant anarchist' paradox.
Another notch in regulators' belts as they tighten the noose on off-ramps. The irony? Banks launder billions daily, but God forbid developers build wallet software without begging permission first.
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