Crypto Advocacy Groups Urge Possible Dismissal of Samourai Wallet Bitcoin Mixer Case
The post Crypto Advocacy Groups Urge Possible Dismissal of Samourai Wallet Bitcoin Mixer Case appeared on BitcoinEthereumNews.com.
Recent legal challenges against Bitcoin mixer Samourai Wallet have sparked significant debate over the boundaries of cryptocurrency privacy and regulatory enforcement. Crypto advocacy groups argue that prosecuting developers of non-custodial software like Samourai Wallet risks undermining fundamental privacy rights and established legal interpretations. According to COINOTAG, experts emphasize that the case raises crucial questions about the definition of money transmission and the role of software developers in the crypto ecosystem. Samourai Wallet’s legal battle highlights tensions between crypto privacy tools and U.S. regulatory frameworks, with advocacy groups pushing for dismissal of money transmission charges. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Legal Controversy Surrounding Samourai Wallet and Money Transmission Laws The arrest of Samourai Wallet developers in April 2024 and the subsequent shutdown of the Bitcoin mixing service have brought to light complex legal issues surrounding the application of money transmission laws to non-custodial software. The U.S. Department of Justice alleges that Samourai Wallet operated as an unlicensed money transmitting business, a charge that has been vigorously contested by several prominent crypto advocacy organizations. These groups, including the Blockchain Association, Coin Center, the DeFi Education Fund, and the Bitcoin Policy Institute, argue that the defendants merely created software tools that enable users to maintain financial privacy without directly handling or controlling user funds. This distinction is critical because, under current FinCEN guidance, money transmission status requires “total independent…
Filed under: News - @ June 7, 2025 2:25 am