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HomeCrypto NewsBitcoin Policy Institute Advocates for Samourai Wallet Developers Amid Legal Battle

Bitcoin Policy Institute Advocates for Samourai Wallet Developers Amid Legal Battle

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The Bitcoin Policy Institute, a Washington-based think tank, has formally called for a presidential pardon for the developers behind Samourai Wallet. This appeal coincides with a growing public petition, which has now surpassed 3,200 signatures, urging clemency in the case. The developers face charges of conspiring to operate an unlicensed money transmitting business, a prosecution that has sparked significant debate within the cryptocurrency community. Prominent Bitcoin advocates and the Institute argue that the case sets a dangerous precedent by effectively criminalizing the publication and maintenance of non-custodial, open-source software. They contend that Samourai Wallet, as a self-custody tool where users control their own private keys, does not constitute a financial service that requires traditional money transmitter licensing. The legal action is viewed by many proponents as a fundamental overreach that threatens innovation and the core principles of financial privacy and sovereignty inherent to Bitcoin’s design. The outcome of this case is being closely monitored for its potential implications on software development and the broader regulatory landscape for decentralized technologies.

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