DOJ arrested Samourai Wallet creators

While 99% of the world is watching to see if Bitcoin goes up, governments (elected by that 99%) are stripping them of every thousandth of freedom they have or could ever have.

Maybe you arrived late → Bitcoin does not function as money free from intermediaries

Samourai created the first free (decentralized) swap from Bitcoin to Monero.

This breaks the links established on the public Bitcoin blockchain, where everything is recorded and—sooner or later—linked to a full name.

This is what the Samourai website looks like:

And here is their app from Google Play:

Of course, they will tell you they are doing it because of money laundering, but curiously, the same government announced this:

Imagine if the plan is for them to “have no other choice” but to buy BlackRock ETFs or properties.

TIP → there is always another way :alien:

What it means for users

In principle, 10K BTC will lose privacy. It is a big move:

Those who use their own node can continue using their apps (except for Whirlpool -mixer- which requires a coordinator).

How to move funds from Samourai to Sparrow

https://twitter.com/_k3tan/status/1783389500485578847

Direct source of the announcement

https://www.justice.gov/usao-sdny/pr/founders-and-ceo-cryptocurrency-mixing-service-arrested-and-charged-money-laundering

Video summary

https://videos.criptonautas.co/w/o9K8MGyJxxfrDvyg4wNwma

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Okay, I gave it an update and added the latest warning (plans to kill P2P, still in development and without much liquidity):

IMG_1417

People who use unlicensed cryptocurrency money transmitting services may encounter financial disruptions during law enforcement actions

Yes, sure. I’ll register on Binance right now and send everything there :saluting_face:

Independent journalists defend YOUR privacy

And paid journalists take it away.

https://x.com/L0laL33tz/status/1791779128447742272

Good morning, it has been more than 3 weeks since the indictment of Samourai Wallet and there still doesn’t seem to be any trace of @SamouraiDev in the justice system.

I don’t like that, so I sent the feds some questions.

For the moment, there is no response.

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:backhand_index_pointing_right: You can donate and join the campaign #freesamourai

Updates from the journalist’s tweet

New information on @SamouraiDev, or rather, no information. The Portuguese Metropolitan Police responded that they had no information (this was to be expected).

I just called the Policia Judiciaria, and their evasiveness is insane. After I identified myself as a journalist, the agent’s tone changed completely.

She told me I had no right to any information and even refused to give me her name. I have never experienced anything like this.

@PJudiciaria Under Articles 10 and 6.1 of the European Convention on Human Rights, to which your country is a signatory, you are obligated to inform the press about cases of public interest.

Furthermore, your officials are required to identify themselves when requested.

Thus, your agency is not only obstructing the public’s right to receive information without interference from public authorities, as well as Mr. Hill’s right to transparent judicial proceedings, but it is also violating your own local laws governing the identification requirements of public officials.

Governments exist to ignore the law whenever it suits them, extort, and break our freedom.

They have a hearing tomorrow

ORDER as to (24-Cr-82-1) Keonne Rodriguez. The initial conference scheduled for Tuesday, May 28, 2024 at 11:00 A.M. will take place in Courtroom 17B. ( Initial Conference set for 5/28/2024 at 11:00 AM in Courtroom 17B, 500 Pearl Street, New York, NY 10007 before Judge Richard M. Berman. )(Signed by Judge Richard M. Berman on 5/22/2024) (bw) (Entered: 05/22/2024)

https://www.courtlistener.com/docket/68467223/united-states-v-rodriguez/

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Both developers are out of prison

Because they have absolutely nothing to keep them behind bars, in the first place.

I am copying a paragraph from the letter written to the DOJ (Department of Justice in the US) by two senators and their defense attorney:

Consequently, non-custodial crypto service providers cannot be classified as money transmitter businesses because users of such services maintain exclusive possession and control of their crypto assets.

At no point, when operating or providing non-custodial services, do such service providers “accept” crypto assets from their users. At all times, users maintain exclusive custody and control over the private keys to their crypto assets.

All transactions are signed and processed on the user’s local device without third-party access.

THAT is the power of decentralized P2P; they simply CANNOT and will not be able to stop it, even by cutting off the internet, because we will use alternative networks to transfer OUR money.

Bitcoin Magazine published the following (who else, with that name):

How does the process continue?

The judge announced that Rodríguez would remain under house arrest and that the next hearing for the case would take place on September 4, 2024, at 11:30 AM EST.

Why did they do it without evidence?

To intimidate, buy them off, and/or buy time by working alongside Coinbase and Donald Trump.