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The crypto world is buzzing after the closure of Samourai Wallet and the arrest of its co-founders, Keonne Rodriguez and William Lonergan Hill. The duo is charged with money laundering and operating an unlicensed money-transmitting business. Samourai Wallet, known for its privacy-enhancing features, is now under scrutiny, raising questions about the future of privacy and self-custodial crypto tools. The FBI has warned against using unregistered crypto money-transmitting services, hinting at possible future regulation. This case could set a precedent for how privacy-focused crypto tools are treated legally, with potential impacts on the broader crypto sector.

The crypto world is buzzing after the closure of Samourai Wallet and the arrest of its co-founders, Keonne Rodriguez and William Lonergan Hill. The duo is charged with money laundering and operating an unlicensed money-transmitting business. Samourai Wallet, known for its privacy-enhancing features, is now under scrutiny, raising questions about the future of privacy and self-custodial crypto tools. The FBI has warned against using unregistered crypto money-transmitting services, hinting at possible future regulation. This case could set a precedent for how privacy-focused crypto tools are treated legally, with potential impacts on the broader crypto sector.

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