Samourai Founders Cave: Bitcoin Mixer Case Ends in Guilty Plea—Privacy Takes a Hit
Crypto's privacy warriors just lost a major battle. The founders of Samourai Wallet—a Bitcoin mixer beloved by anonymization maximalists—are set to plead guilty in a landmark case. The DOJ's hammer falls as financial surveillance tightens its grip.
### The Death of Digital Cash?
Samourai's tech let users shuffle coins to obscure trails—a feature regulators now call 'money laundering 2.0.' Prosecutors allege the platform processed over $100M in 'tainted' transactions. The founders face up to 20 years. So much for Satoshi's vision of unstoppable money.
### Wall Street Wins (Again)
Meanwhile, BlackRock's BTC ETF just hit another ATH. Funny how compliance always seems to pay better than rebellion. The crypto old guard mourns while TradFi quietly co-opts the revolution—privacy optional, profits mandatory.