Exciting news from the world of cryptocurrency! The co-founders of Samourai Wallet, a popular privacy-focused bitcoin wallet and mixer, have been charged by the US Department of Justice with money laundering and operating an unlicensed money transmitting business.
Activists and human rights defenders are speaking out about the implications of this legal action, highlighting the importance of privacy in the digital age.
A monumentally bad day for privacy on the internet
The implications of this are so dire
A real “before and after” moment https://t.co/ou6CgT9E0T
— Alex Gladstein 🌋 ⚡ (@gladstein) April 24, 2024
Leading figures in the crypto space, such as Lyudmyla Kozlovska and Anna Chekhovich, are warning against the criminalization of privacy-preserving tools like bitcoin mixers. They emphasize the critical role that these tools play in protecting the identities and safety of activists and human rights defenders.
While acknowledging the need to prevent misuse of these technologies, Kozlovska and Chekhovich urge responsible use and caution against encouraging illegal activities.
Welcome new Russian oligarch Samourai Wallet users https://t.co/WBhB6J89SR
— Samourai Wallet (@SamouraiWallet) June 30, 2022
Join the conversation on the future of privacy and cryptocurrency. Stay tuned for more updates!