Crypto Advocacy Groups Urge Dismissal of Case Against Bitcoin Mixer Samourai
Crypto advocacy groups are pushing for the dismissal of charges against Samourai Wallet, which was shut down by authorities for allegedly operating as an illegal money transmitter. The defendants and supporting organizations, including the Blockchain Association and Coin Center, argue that the accusations are unjust since developers do not control user funds and are merely offering software solutions for transactions. They emphasize that maintaining privacy in financial transactions is a normal expectation, akin to cash transactions. The U.S. Department of Justice’s arrest of Samourai Wallet’s developers has drawn criticism, with advocacy groups stating that the legal definition of a money transmitter does not apply to software developers without direct control over the funds. The outcome of this case could have significant implications for the cryptocurrency landscape, particularly in relation to privacy-focused services and the interpretation of financial regulations.
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