Bitcoin affected as U.S. DoJ charges Samourai Wallet founders

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 68%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

US DoJ charges against Samourai Wallet founders have spooked the market as BTC recovery stalled and reversed early-week gains.

– focused wallet and mixer, is the latest victim of the U.S.’s heightened clampdown on crypto mixers in an attempt to curb illicit finance through crypto.

The statement cited X posts by accounts linked to Samourai Wallet and the founders as part of the indictment.However, the founder of on-chain analytics CryptoQuant, Ki Young Ju, viewed the arrest against Samourai wallet founders as misplaced instead of going for “real” criminals. He “Samourai were trying to do the right thing to provide privacy tech for many legitimate people. Criminal use is a small fraction of mixing use. The merchant where you spend your Bitcoin shouldn’t know how much Bitcoin you own.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US Digital Wallet Linked to Silk Road Moves Bitcoin, Analysts SayA U.S. government account holding almost $2 billion in Bitcoin confiscated from the former black-market website Silk Road completed several transactions Tuesday ahead of an expected eventual liquidation of the assets, according to several blockchain analytics firms.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Bitcoin (BTC) vs. Memecoins: Navigating the Bitcoin (BTC) (BTC) Investment LandscapeOne such memecoin that has garnered significant attention is Shiba Budz (BUDZ). Introduced as a playful spin-off of the Dogecoin phenomenon..
Source: CryptoAmb - 🏆 22. / 68 Read more »

Bitcoin has 'perfect correlation' with ETF flows: StrategistBitcoin's (BTC-USD) halving, a once-every-four-year event that divides the rewards for mining bitcoin and limits the number of bitcoin in circulation...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »