US Edition3 Articles
3 Articles
The judge in charge of the case validates the allegations of the prosecution, and therefore discredits the defense’s request to access and present as evidence considerations made in the case against Samourai Wallet. *** Developer Roman Storm failed to get the Department of Justice to disclose new documents. The judge concluded that there was no violation of the Brady rule on exculpatory evidence. Therefore, the elements present in the case again…
Samourai Wallet Seeks to Dismiss DOJ Case Citing FinCEN Rules - The Cryptocurrency Post
TL;DR The founders of Samourai Wallet requested the dismissal of the DOJ’s case, arguing that their software never handled funds and should not be classified as a money transmitter. They argue the DOJ contradicts previous U.S. Treasury and FinCEN guidelines, which exempt non-custodial privacy apps from such regulations. Several pro-crypto groups warn this case could set a dangerous precedent against innovation and the development of decentraliz…
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