Snowden Issues ‘Final Warning’ to Bitcoin Developers on Privacy Enhancements

May 4, 2024 Bitcoin.com

bitcoin.com

In the wake of the U.S. intensifying its clampdown on privacy-oriented software and Zksnacks closing its coordinated coinjoin service, Edward Snowden, the NSA whistleblower and former contractor, has issued a stern warning to Bitcoin developers. Snowden emphasizes that time is running out for enhancing privacy and insists it must be integrated at the protocol level. […]

Gone in 12 Seconds: Two MIT-Educated Brothers Arrested for Alleged Lightning-Fast ,000,000 Crypto Exploit

Gone in 12 Seconds: Two MIT-Educated Brothers Arrested for Alleged Lightning-Fast $25,000,000 Crypto Exploit

US senators, FBI aren’t opposed to crypto privacy: Railgun contributor

May 3, 2024 Coin Telegraph

Coin Telegraph

Ethereum privacy protocol Railgun contributor Alan Scott Jr. says U.S. regulators and government agencies don’t get enough credit for genuinely “trying to understand” crypto.

United States senators and intelligence agencies may not be as opposed to privacy-focused crypto protocols as some believe, according to Railgun researcher and advocate Alan Scott Jr.

Speaking to Cointelegraph at ETH Global in Sydney on May 2, Scott — a contributor and public advocate for Railgun — said based on conversations he’s had with senators and the FBI in Washington D.C., he hasn’t seen any hints of a crypto privacy crusade on Capitol Hill.

There are many people in the upper echelons of government who are “generally smart, want to do right, and protect people,” he said.

Gone in 12 Seconds: Two MIT-Educated Brothers Arrested for Alleged Lightning-Fast $25,000,000 Crypto Exploit

Zksnacks to Cease Coinjoin Transactions, Affecting Wasabi, Trezor and Btcpay

May 2, 2024 Bitcoin.com

bitcoin.com

On Thursday, Zksnacks, the developer behind Wasabi Wallet, announced its decision to cease its coinjoin services following regulatory measures in the U.S. The company stated that the wallet will now operate as a standard non-custodial bitcoin wallet without the coinjoin feature. Zksnacks Withdraws Coinjoin Feature from Wasabi Wallet Following intensified regulatory scrutiny in the U.S., […]

Gone in 12 Seconds: Two MIT-Educated Brothers Arrested for Alleged Lightning-Fast $25,000,000 Crypto Exploit

Coin Center Warns of DOJ Overreach in Tornado Cash, Samourai Wallet Cases

April 30, 2024 Bitcoin.com

bitcoin.com

The recent actions by the Department of Justice (DOJ) against non-custodial crypto wallet developers have sparked controversy and concern within the cryptocurrency community. According to Coin Center, these charges mark a significant shift from previous U.S. policies regarding money transmission, potentially impacting the liberty and privacy rights of developers and users alike. Coin Center: DOJ […]

Gone in 12 Seconds: Two MIT-Educated Brothers Arrested for Alleged Lightning-Fast $25,000,000 Crypto Exploit

Samourai Wallet Co-Founder Keonne Rodriguez Pleads Not Guilty, Released on $1M Bail

April 30, 2024 Bitcoin.com

Samourai Wallet Co-Founder Keonne Rodriguez Pleads Not Guilty, Released on M Bail

Bitcoin Mixer

On Monday, April 29, Keonne Rodriguez, co-founder of the non-custodial bitcoin wallet Samourai, entered a plea of not guilty to accusations of operating a money transmitter and engaging in money laundering. Rodriguez secured his release by posting a $1 million bail and will be confined to his residence in Harmony, Pennsylvania, with his movements monitored […]

Gone in 12 Seconds: Two MIT-Educated Brothers Arrested for Alleged Lightning-Fast $25,000,000 Crypto Exploit

Samourai Wallet co-founder pleads not guilty, released on $1M bond

April 29, 2024 Coin Telegraph

Samourai Wallet co-founder pleads not guilty, released on M bond

Coin Telegraph

The terms of Keonne Rodriguez’s bail prevent him from engaging in “any cryptocurrency transactions, directly or indirectly,” without prior approval from the court.

Keonne Rodriguez, one of two individuals associated with cryptocurrency mixer Samourai Wallet who the United States Justice Department charged with money laundering, has pleaded not guilty and was released on bail.

In an April 29 appearance in U.S. District Court for the Southern District of New York, Rodriguez pleaded not guilty to conspiracy to operate an unlicensed money-transmitting business and money laundering. Assistant U.S. Attorneys agreed to a $1 million bond for the Samourai Wallet co-founder, with travel restricted to parts of New York and Pennsylvania when not confined to his home.

Rodriguez will be largely confined to his residence in Harmony, Pennsylvania and required to wear a location monitoring device. In addition, the terms of his bail prevent him from performing services for Samourai Wallet or engaging in “any cryptocurrency transactions, directly or indirectly” without prior approval.

Gone in 12 Seconds: Two MIT-Educated Brothers Arrested for Alleged Lightning-Fast $25,000,000 Crypto Exploit

FBI Warns Against Using Unregistered Cryptocurrency Money Transmitting Services

April 28, 2024 Bitcoin.com

bitcoin.com

The Federal Bureau of Investigation (FBI) has issued a warning about using unregistered cryptocurrency money transmitting services that fail to comply with U.S. anti-money laundering laws. The agency has provided tips for the public to protect themselves, advising them to avoid providers that do not require Know Your Customer (KYC) information. FBI’s Crypto Warning The […]

Gone in 12 Seconds: Two MIT-Educated Brothers Arrested for Alleged Lightning-Fast $25,000,000 Crypto Exploit

DOJ Counters Motion to Dismiss Charges Against Tornado Cash Developer

April 27, 2024 Bitcoin.com

bitcoin.com

In a notable development, the U.S. Department of Justice (DOJ) has countered a motion to dismiss the criminal charges against Roman Semenov, a developer of the cryptocurrency mixing service Tornado Cash, highlighting the alleged strength of its case in a recent court submission. Prosecutors Assert Strong Evidence Is Coming in Tornado Cash Laundering Case The […]

Gone in 12 Seconds: Two MIT-Educated Brothers Arrested for Alleged Lightning-Fast $25,000,000 Crypto Exploit

Zksnacks Bars US Users from Wasabi Wallet in Wake of Samourai Indictment

April 27, 2024 Bitcoin.com

bitcoin.com

In a decisive move, Zksnacks announced on Saturday that it will block all U.S. residents and citizens from accessing its bitcoin mixer, Wasabi Wallet. This policy change comes as U.S. authorities intensify their crackdown on unregulated crypto activities, spotlighting the recent indictment of Samourai Wallet founders. Wasabi Wallet Withdraws from U.S. Market to Avoid Regulatory […]

Gone in 12 Seconds: Two MIT-Educated Brothers Arrested for Alleged Lightning-Fast $25,000,000 Crypto Exploit

Crypto Community Loses OXT Analysis Tool Amid Legal Troubles for Samourai Wallet

April 27, 2024 Bitcoin.com

Beautyon

After the Samourai Wallet indictment, the cryptocurrency community discovered that the Bitcoin blockchain analysis platform OXT is no longer operational, as it was acquired by the Samourai team in December 2017. On April 25, Laurentmt, a co-founder of OXT and bitcoin advocate, revealed the closure on the social media site X with the statement, “RIP […]

samourai wallet