'Clock is Ticking' on Bitcoin Privacy: Edward Snowden

Summary

Edward Snowden issued a "final warning" on Bitcoin privacy, as U.S. authorities cracked down on crypto privacy projects. Wasabi Wallet suspended services for U.S. users, following the arrest of Samourai Wallet founders. The DOJ's broad interpretation of money transmission laws has sparked backlash, with critics calling it a "massive overreach." The UK government also targeted crypto privacy, granting police sweeping new crypto seizure powers. Privacy advocates expressed concerns over the "chilling effects" of these actions.