What to do if you’ve used Samourai Wallet
So, you ’ve used the Bitcoin mixing service Samourai Wallet . Its founders have been arrested, its domain is seized, and five different law enforcement agencies have issued joint Press Releases about the alleged crimes it perpetrated. What should you do? To begin, you should probably do what you should have done in the first place — follow the law. While it’s almost always legal to transact online, store data on Bitcoin ’s blockchain, and use node and wallet software, it is illegal to use Bitcoin to do certain other things. Law enforcement agencies seize Samourai Wallet’s website. For example, it is a crime to evade taxes; to intentionally launder the proceeds of others’ crimes; or to conspire with or assist others in breaking the law. It’s also a crime to avoid cash-like reporting requirements — and there are many cash reporting requirements. For example, most US business owners who pay any worker more than $600 (soon rising to $5,000) per year ne...