this post was submitted on 13 Nov 2024
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[–] EngineerGaming@feddit.nl 14 points 16 hours ago* (last edited 16 hours ago) (1 children)

I highly doubt that "ending crypto crackdown" would mean guaranteeing safety for projects like Samourai or Localmonero. Or ending the relationship with Chainalysis.

[–] HK65@sopuli.xyz 2 points 3 hours ago (2 children)

Can you elaborate on these topics for someone not in the know?

[–] EngineerGaming@feddit.nl 3 points 2 hours ago (1 children)

Samourai was a Bitcoin wallet attempting to improve the currency's privacy. Its devs were arrested this year.

Localmonero was a platform where people could post listings for buying or selling Monero without KYC. There was also an identical sister site Agoradesk for Bitcoin. They abruptly shut down this year, probably afraid of similar prosecution (it happened pretty soon after the Samourai case).

Chainalysis is a company that US government works with, attempting to track and deanonymize crypto transactions. Recently a presentation of theirs leaked, disclosing some of their methods (which were very interesting for the Monero community in particular).

[–] HK65@sopuli.xyz 1 points 1 hour ago
[–] Johnmannesca@lemmy.world 2 points 3 hours ago

Chainalysis is a cryptocurrency/blockchain investigation software, I at least know that much.