Episode 33 – Samourai Wallet Arrests, Section 702 & Privacy Impacts

Closed Network podcast Episode 33 – Let’s Talk About V4V – NOSTR – Podcasting 2.0

  • * * Show Notes Click Here! – https://forum.closednetwork.io/t/episode-33-samourai-wallet-arrests-section-702-privacy-impacts/75

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— TOPICS —

Samourai Wallet Developers Arrested
The founders of the bitcoin wallet Samourai Wallet were arrested on April 24. According to the indictment, they were charged with conspiracy to commit money laundering and conspiracy to operate unlicensed money-transmitting business offenses and face up to 25 years for the alleged crimes.
https://www.coindesk.com/policy/2024/04/24/samourai-wallet-founders-arrested-and-charged-with-money-laundering/

US House passes FISA Section 702 reauthorization bill (Due to expire April 19)
The Reforming Intelligence and Securing America Act reauthorizes Section 702 for two years, through April 2026. The ACLU and its partners will work until then to ensure that Congress is finally able to address the severe and long-standing constitutional problems with this authority.

FBI Alert Number: I-042524-PSA
April 25, 2024
Alert on Cryptocurrency Money Services Businesses
https://www.ic3.gov/Media/Y2024/PSA240425

Phoenix Wallet to be removed from US app store after Samourai crackdown (April 26)
Phoenix Wallet, a non-custodial Bitcoin lightning wallet, has announced that it’s being removed from US-based app stores and encouraged users to make sure to empty their wallets.
https://cryptonews.net/news/security/28927230/

ZKSNACKS IS NOW BLOCKING U.S. RESIDENTS AND CITIZENS
Saturday, April 27th 2024—Effective immediately and until further notice, zkSNACKs is now blocking U.S. citizens and residents from visiting its websites, downloading and using Wasabi Wallet and any related products and services, including APIs and RPC interfaces.
https://wasabiwallet.io/

Saturday, April 27th 2024—Effective immediately and until further notice, zkSNACKs is now blocking U.S. citizens and residents from visiting its websites, downloading and using Wasabi Wallet and any related products and services, including APIs and RPC interfaces.

Consensys Sues SEC Over ‘Unlawful Seizure Of Authority’ Over Ethereum. (April 25)
By offering their MetaMask wallet software, the SEC says Consensys is acting as an unregistered securities broker.
https://www.coindesk.com/policy/2024/04/25/consensys-sues-sec-over-unlawful-seizure-of-authority-over-ethereum/

🚨MASSIVE BRREAKING: The State of Oklahoma, with an 81-1 vote in Favor, Passes a Bill To Protect Your Fundamental #Bitcoin rights out of the State House.
https://www.msn.com/en-us/money/markets/oklahoma-leads-us-with-groundbreaking-bitcoin-rights-bill/ar-BB1k9yj8
https://twitter.com/Dennis_Porter_/status/1783946973122605455

Section 702 – AKA THE PATRIOT ACT 2.0
A quick breakdown of the recent renewal of FISA 702, and the implications it has on the civil rights of American citizens.
https://bitcoinmagazine.com/legal/the-patriot-act-2-0

Bitcoin I recommend:

  • Mutiny Wallet
  • Sparrow Wallet
  • I’m experimenting with Fedi / fedimints

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