Trump "Will consider pardoning Samourai Wallet CEO"

Source
Suehyeon Lee

Summary

  • President Donald Trump said he would consider pardoning the Samourai Wallet CEO.
  • Samourai Wallet, with features that enhance Bitcoin transaction privacy, had been the subject of investigation by U.S. authorities, and its CEO is reported to have been indicted on charges of aiding and abetting money laundering.
  • Trump's remarks suggest the possibility of policy changes regarding virtual asset privacy technologies, drawing market attention.
Photo=Shutterstock
Photo=Shutterstock

Donald Trump, the U.S. president, said he would consider the possibility of pardoning the CEO of the privacy-focused Bitcoin wallet Samourai Wallet.

On the 16th (local time), according to Bitcoin Magazine, President Trump recently said in response to a related question, 'I've heard about this matter,' adding, 'I'll look into it. I'll take a look.'

Samourai Wallet is a wallet service that provides features to enhance Bitcoin transaction privacy and has been the target of investigations by U.S. authorities on the grounds that it makes tracking funds difficult. In this regard, the CEO has been indicted on charges including aiding and abetting money laundering.

The remarks came amid a mood of easing regulatory stances since the start of the Trump administration, and some interpret them as suggesting a possible shift in judicial and policy approaches to virtual asset privacy technologies. Market participants and the industry are watching closely to see whether this will lead to an actual pardon process.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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