Crypto Advocacy Groups Urge Dismissal of Case Against Bitcoin Mixer Samourai
Crypto advocacy groups are contesting the charges against Samourai Wallet, a Bitcoin mixer accused of functioning as an illegal money transmitter. The groups, including the Blockchain Association and Coin Center, argue that the legal action against the developers is unjust. They contend that the software merely allows users to make financial transactions privately, similar to cash transactions in everyday life. Arrested in April 2024, the developers of Samourai Wallet were accused of facilitating the mixing of criminal proceeds. The defense claims that under existing laws, software developers who do not have control over user funds should not be classified as money transmitters. This case raises significant concerns for the crypto industry, as it threatens to penalize developers for creating tools that enhance user privacy. Supportive advocacy groups have made efforts to submit amicus briefs in favor of the defense, stressing the necessity of privacy in digital transactions.
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