DOJ May Drop Samourai Wallet Case as Crypto Enforcement Shifts—Another ’Strategic Pivot’ or Just Regulatory Theater?
Federal prosecutors signal potential retreat in high-profile crypto privacy case—right as Wall Street’s own ’compliant’ mixers get a free pass.
Subheader: Privacy Tool or Criminal Conduit? The Debate That Never Dies
The DOJ’s sudden waffling on Samourai Wallet charges exposes the glaring double standard in financial surveillance: billion-dollar banks launder money for decades with wrist slaps, while a few coders building privacy tech face decades in prison.
Subheader: The Real Reason This Case Is Faltering
Insiders whisper the prosecution’s original ’money transmitter’ argument collapsed under its own weight—turns out even regulators can’t define where financial privacy ends and crime begins. Meanwhile, Bitcoin mixers in regulated jurisdictions (read: VC-backed) operate untouched.
Closing Thought: If this case gets dropped after bankrupting the defendants with legal fees, it’ll be the most authentic homage to traditional finance ever performed by crypto.