"FBI Makes Compelling Arguments for Bitcoin Self-Regulation"
Jason Robb
Bitcoin industry leaders, including Jameson Robb and Alvaro D. Maria, boasted of owning Bitcoin before the rise of the United States.
This has been a busy week for the Bitcoin (BTC) industry in the United States.
Countries have cracked down on self-managed wallets, warning users against using exchanges without KYC and encouraging wallets to leave their territory.
In what appears to be a concerted push for the BTC ecosystem, the North American nation has focused on services that protect user privacy above all else.
For the relevant national authorities, these services contribute to money laundering.
This is the case of Samourai, a Bitcoin wallet with a series of advanced privacy tools whose founders have been arrested.
That's what happened last Wednesday, when the United States government arrested Keonne Rodríguez and William Lonergan and charged them with complicity in money laundering and operating a money transmission business without a license.
The arrest was accompanied by the server's seizure of the Samourai wallet, leading to its immediate ban in the United States.
Remove it from the wallet site and remove it from the Google Play Store mobile app store.
The Federal Bureau of Investigation (FBI) has since warned Bitcoin and cryptocurrency users in the United States not to use services that do not have a know-your-customer (KYC) protocol, which is used to fully identify a individual.
In short, he warned that users could become victims of "economic chaos" if the FBI or other organizations pursue these companies and seize their funds.
