Samourai Did Nothing Wrong, Self Custodial Tools Are Not Money Transmitters

An announcement was put out today by the Justice Department that Keonne Redoriguez and William Hill had been arrested and charged with operating Samourai Wallet, “an unlicensed money transmitting business” that executed “unlawful transactions.”

Fuck the Justice department, full stop. At no point did Samourai custody user funds, have control over user funds, and ESPECIALLY did not execute any transactions on behalf of the user. It is a completely self-custodial wallet in every way. They from day one were completely uncompromising in that with every feature they have ever implemented.

They are being charged with conspiracy to commit money laundering, with a maximum sentence of 20…

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