Founders And CEO Of Cryptocurrency Mixing Service Arrested And Charged With Money Laundering And Unlicensed Money Transmitting Offenses | United States Department of Justice
www.justice.gov/usao-sdny/pr/founders-and-ceo-cryptocurrency-mixing-service-arrested-and-charged-money-laundering
What Jamie wrote
In August 2022 the US Treasury took action against Tornado Cash which hid the sender and receiver of transfers on Ethereum. Now the DOJ has arrested the founders of Samourai Wallet for running a similar service for Bitcoin, referred to in the case as a "cryptocurrency mixer". The DOJ has made a clear line that crypto services that anonymize transactions in their opinion are illegal. These services are used for criminal activity for sure, but providing privacy of blockchain transactions is a problem to solve. What will happen when the first blockchain builds this feature into the base layer?