CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
CryptoIntelligence 2024-05-01 06:57:06

Crypto Mixing Services Defended Amidst Arrests: Privacy Advocates Speak Out

Ki Young Ju, founder and CEO of CryptoQuant, defended crypto mixing services, stating that they are not inherently criminal. In response to the recent arrest of Samourai Wallet founders, he emphasized the importance of privacy in Bitcoin, noting that mixing, a technique used to enhance privacy, should not be deemed illegal. He likened punishing mixing service providers to blaming the inventor of a knife for its misuse. The United States Department of Justice (DOJ) arrested Keonne Rodriguez and William Hill, CEO and CTO of Samourai Wallet respectively, on April 24. They each face charges of conspiracy to commit money laundering

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.