Bitcoin24h $95,020.12-3.60%

Ethereum24h $3,166.25-1.48%

XRP24h $2.29-2.04%

BNB24h $919.97+0.40%

Solana24h $141.08-2.91%

TRON24h $0.2949+0.61%

Dogecoin24h $0.1614-0.80%

Cardano24h $0.5085-2.70%

Hyperliquid24h $37.30-0.00%

Chainlink24h $14.09-2.46%

Samourai devs plead guilty, agree to November 6 sentencing

Keonne Rodriguez and William Lonergan Hill, the developers behind Samourai Wallet, have pleaded guilty to unlicensed money transmission.

Judge rules crypto protocols can be money transmitters without control

A judge has ruled on the compliance requirements for a crypto money transmitter — even if they do not control their users’ funds.

The question of whether Tornado Cash or Samourai ever controlled their users’ funds while transmitting them is a critical legal issue.

Phoenix Wallet, a Bitcoin lightning wallet, will be removed from US-based app stores following recent crackdowns on crypto firms.

If you follow these steps carefully, should be able to privately disentangle your Bitcoin wallet from Samourai’s shuttered service.