Wasabi Wallet restricts access to users in the United States.
Key Takeaways
- zkSNACKs has banned US citizens and residents from using Wasabi Wallet products and services.
- The policy change follows the arrest of Samourai Wallet’s founder on suspicion of money laundering activities.
- The move is part of a broader U.S. crackdown on cryptocurrency services focused on privacy.
Citizens and residents of the United States are not permitted to use Wasabi Wallet’s products and services. It is a non-custodial Bitcoin wallet that focuses on privacy.
This is what wallet developer zkSNACKs announced in a recent blog post.
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The zkSNACKs team Implement IP address blocking For US residents on the domains wasabiwallet.io, api.wasabiwallet.io, and zksnacks.com.
The developer The decision stems from “recent announcements from U.S. authorities.”
This refers to the following: Samourai Wallet founder arrested; This is another Bitcoin wallet that focuses on privacy. they He was indicted on charges of money laundering and operating an unlicensed remittance business. You can face up to 25 years in prison.
All of this Roman Storm, co-founder of cryptocurrency mixer Tornado Cash, has been arrested. he was indicted Money laundering, violating sanctions, operating an unlicensed money transfer business — The charges relate to allegations that the cryptocurrency mixer helped North Korea’s Lazarus Group circumvent U.S. sanctions and fund North Korea’s nuclear program.
Alexey Pertsev, developer of Tornado Cash. He could face more than five years in prison for concealing the flow of criminal funds and facilitating the laundering of $1.2 billion through a cryptocurrency mixer. A ruling is expected to be issued on May 14.
The string of legal actions against cryptocurrency service providers highlights increasing scrutiny from U.S. authorities, particularly cryptocurrency operations that offer privacy-enhancing services that could potentially obscure illicit financial flows.
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