Video Description
At 5am, Lauren Rodriguez woke to laser sights, a drone flying through her house, and 40 armed federal agents raiding their cottage, all because her husband built a Bitcoin wallet.
Keonne Rodriguez co-founded Samurai Wallet in 2015, a non-custodial Bitcoin wallet with privacy features including Whirlpool, their CoinJoin implementation. For nearly a decade, the wallet operated openly on the Google Play Store with no issues. Then on April 24th, 2024, the FBI and IRS launched coordinated raids on the Rodriguez home in Pennsylvania and co-founder Bill Hill's home in Portugal.
The charges: conspiracy to operate an unlicensed money service business and conspiracy to money launder. The problem: FinCEN's own guidance stated that non-custodial wallets are not money transmitters. And six months...
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