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2025-07-30 16:20:07 UTC

L0laL33tz on Nostr: This is a *major* win for DOJ, and a huge huge loss for legislative efforts trying to ...

This is a *major* win for DOJ, and a huge huge loss for legislative efforts trying to protect developers from unlicensed money transmission charges.

Full article in quoted post.
In a major win for DOJ, Samourai Wallet developers have plead guilty to unlicensed money transmission.

The charge had been heavily disputed, described as an unclear application of the law.

The developers face fines and up to five years in prison. Full story👇

https://www.therage.co/samourai-wallet-developers-plead-guilty-to-unlicensed-money-transmission/