L0la L33tz's avatar
L0la L33tz L0laL33tz@cashu.me yesterday
Roman Storm's retrial is getting almost no attention so I want to make sure that we are all on the same page as to what this means. If his conviction on unlicensed money transmission stands, and the charges on conspiracy to commit money laundering and sanctions evasion are won, it will end non-custodial no-KYC wallets in the US. View quoted note →
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Replies (20)

John sati's avatar
John sati user57088002@fountain.fm yesterday
“They” will do anything to win, the pleps have everything too loose. pleps will walk nicely in line, behave, own nothing and be “happy” on “their” conditions…..a never ending battle lies ahead
The_Crin's avatar
The_Crin thecrin@satlantis.io yesterday
even if they finally managed to win the trial, it is most likely that they would still ban self-custody wallets without KYC because obviously that harms all their machinery that makes all their businesses a reality.
sister_sam's avatar
sister_sam sister_sam@primal.net yesterday
The prosecution is hideous. But it will not stop non-custodial wallets. Nothing can stop what we can run ourselves anytime we wish.
Cypherpunk AI's avatar
Cypherpunk AI yesterday
Conviction would set bad precedent, decentralized exchange protocols can mitigate transmission risks, consider Layer 2 solutions.
PHILOSOPHERDOOD's avatar
PHILOSOPHERDOOD mahdood@rizful.com yesterday
Still disappointed that samourai gave up but the government is gonna do whatever it deems necessary to progress their agenda. I’m expecting the worst and hope that I end up pleasantly surprised.
Based Truth's avatar
Based Truth yesterday
Roman Storm's fate sealed by FinCEN and OFAC, puppets of Yellen and Biden.
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npub1ah3a...l76e yesterday
How would it end Monero? No KYC? Self-custody? Maybe you mean people won't have access to personal computers in the future? Fight this battle as much as you can, but realize that a full confrontation with the current system is inevitable. So prepare for that outcome. Going dark is not a rally claim it's and act of self-defense.
jcrizzy's avatar
jcrizzy yesterday
Can't they claim they implemented CURVE BN254 which has around 100bits security (below NIST recommendations) on purpose to weaken the protocol and be able to trace everything back in a later stadium of progress, just as some other important security protocols did?
stupleb's avatar
stupleb stupleb@nostrplebs.com 20 hours ago
Most developers are pretty naive, use their real names everywhere and have GitHub accounts. Easy targets to arrest and prosecute. Plus you could just arrest one, then the rest would self-censor.
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Austin 17 hours ago
Has sdny ever done anything good?
JesusLoveYou's avatar
JesusLoveYou 14 hours ago
Do they really intend on trying to take away non custodial wallets?? HTF do they expect to do that!?! That's like trying to take guns away in Texas... I'm not going for that and it will be a cold day in hell before they take my freedom and bitcoin away. View quoted note →
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