Samourai Wallet Founders Don Confess Say Dem Dey Wash Money Using Bitcoin Mixer
Di co-founders dem of Samourai Wallet don agree say dem go admit fault for run one Bitcoin mixer wey no get license wey dem say e wash pass $1 billion for dirty money through the Whirlpool feature. US Department of Justice talk say di service dey process money from darknet markets, drug trade, ransomware plus sanction waka before dem shut am down for one federal raid for 2023. Under the plea deal, di co-founders must confess say dem sabi say dem dey help move criminal money. Sentencing go happen later this year and each of dem fit chop up to 20 years jail. Together with the Tornado Cash case, this matter dey show how government dey watch crypto privacy tools more. Traders suppose watch how dem go tighten compliance and how e fit affect privacy token markets and Bitcoin mixing services.
Neutral
Even though di guilty pleas against Samourai Wallet founders dey show say dem dey increase enforcement on Bitcoin mixers and e dey highlight regulatory risks for privacy tools, di direct impact for Bitcoin price fit be small. For short term, traders fit get small negative feeling about mixer services. But for long term, mainstream adoption of Bitcoin still dey run by bigger market and macro factors, making overall price impact neutral.