BREAKING! The US Government ATTACKS 10,868 Bitcoin!
the US government has just attacked one
of the largest Bitcoin privacy wallets
in the space that currently contains
over 10,000 different Bitcoin what does
this mean for the space why is this an
indication that America might actually
ban Bitcoin well we’re going to be
answering all of those questions and
more by having a look at the breaking
news that has happened today okay so we
can see from this article Samurai wallet
Founders have now been arrested and
charged with money laundering so what is
Samurai wallet well it’s one of the
largest Bitcoin privacy preserving
wallets there is in the space we’re
going to talk a little bit more about
the technicalities of how the samurai
wallet Works in a second but let’s have
a look at the news and the announcement
first so this was dropped on the United
States attorneys General’s officers
website okay you can see it at the top
the doj menu okay this is an official
government website and look at this they
have actually seized these Samurai
wallets domain so they’ve seized their
website and they’ve supposedly arrested
the founders of Samurai wallet this is a
very very very big deal okay again they
hold 10,000 Bitcoin okay a lot of people
used the samurai wallet to give
themselves some privacy on the Bitcoin
blockchain we’re going to get into te
the technicalities in a second but let’s
have a look here so this is what you
will find if you try to search for the
samurai doio website you can see very
clearly this website has been seized
okay so a lot of people might be
wondering what is Samurai wallets uh and
what is a Bitcoin coin join lots of
people might have heard that word today
so to illustrate what is Samurai wallet
and what is a coin join I want to show
you this cool little graphic here okay
so again Bitcoin is an interesting
system okay I’m not going to get really
deep into the technicalities of how
Bitcoin works but the way that you can
actually get privacy on the Bitcoin
network is you actually use a
transaction type called a coin joint so
a very simplified way to think about
this is it is a collaborative
transaction you enter a transaction with
typically four or nine other peers and
what you do is you all put an equal
amount of Bitcoin into that transaction
and then on the other side of that
transaction an equal amount of Bitcoin
comes out on the other side so we can
see an example here of a coin join
transaction where where four people all
join into uh a transaction together and
you can see they all put in 0.2 of a
Bitcoin and on the other side of the
transaction they all get 0.2 Bitcoin out
of that so this is all that Samurai does
Samurai is a coordinator that helps to
make these Bitcoin transactions for
Bitcoin users who want to have privacy
on the Bitcoin blockchain okay the
Bitcoin blockchain is completely
transparent most people know that most
people know that obviously Bitcoin is
not private by default like other chains
like Monero is but with Bitcoin you can
use this special type of transaction
called a coin join to get privacy and
Samurai was one of the largest companies
doing this the other big wallet that
that helps users to create these
collaborative custody transactions is
wasabi wallet okay so that is what
Samurai does and that is what a coin
join is I don’t think we need to go any
deeper down the rabbit holes of what
coin joins are because they are very
complicated uh all you can say is all I
can say is that they work well I’ve
never used a coin joining wallet before
because obviously I’m not going to say
anything on that but you can see there’s
lots of different fancy transactions
here and images that show you how a coin
join works and it is not illegal to use
a coin joint transaction again let’s be
very very clear here it is perfect L
safe and it should be your human right
to be able to have Financial Freedom and
privacy okay if you do not have the
freedom to have privacy using money have
a think about that for a minute what
Freedom do you really have okay it’s
again I’m G to I’m going to reain myself
in here uh because I still have a few
more things I want to show you about
this Samurai story and why it’s so big
so we can see here the US attorney
Damian Williams has said that they
believe around $100 million of
elicit I’m going to be very careful what
I say let’s say elicit activity has gone
through the samurai wallet and you can
see here they actually this is again
direct from the doj US attorney’s office
website you can see they actually
reference a tweet from Samurai now let’s
zoom in and have a look at the tweet
from Samurai wallet they they said their
direct words okay I’m going to be very
careful welcome new Russian oligarch
Samurai wallet users so this tweet from
the samurai account is being used by the
US Attorney office and they’re saying
that Rodriguez and Hill operated Twitter
accounts that encouraged and openly
invited users to launder criminal
proceeds through Samurai for example in
or around June 2022 just after after the
Russian invasion of Ukraine we can see
Samurai Twitter account operated by
Rodriguez posted the following message
regarding Russian oligarchs seeking to
circumvent sanctions and this is the
tweet from the official Samurai Twitter
account essentially saying look you can
scout around these sanctions and these
rules by using Samurai okay now that is
I’m not making any comment I’m be very
very careful with this video okay you
can also see that they also have
highlighted another tweet from someone
associated with Samurai wallet europol
has highlighted Samurai wallet as an
emerging top threat in the same article
do you see us in our pets oh
that’s uh okay again so this is on
the official website uh that is Samurai
wallet that is what Samurai wallet does
uh that’s a little bit about the news
let’s talk a little bit more about it
for those who might be using Samurai and
for those who might be a little bit
worried okay so I jotted down some notes
um over here now these notes are
important to understand if you are a
samurai wallet user okay so I’ve been
messaged by a few people who use Samurai
wallet maybe because I recommended them
maybe because I didn’t recommend them we
got the fireworks going off maybe maybe
YouTube can uh sense when I’m telling a
pcup pie and they turn the fireworks on
so anyway I’ve had friends reach out to
me and say Luke you told me use Samurai
wallet are my funds safe does this mean
that US government has seized all of the
Bitcoin in Samurai okay no your funds
are safe uh that’s all I can say um
there are multiple different ways that
you can actually use a coin joint or a
uh you know the samurai wallet if you
use your own node and if you connected
your own Samurai Dojo server you are
100% safe because in your own Dojo
server connected to your node your exp
pubs are in there so the US government
doesn’t know anything about your
transactions and they obviously don’t
have access to your private keys so you
are 100% safe and I know a lot of people
actually use their own Dojo okay but
what if you used Samurai dojo and
Samurai server to use the samurai World
poool wallet well the US government
cannot take your Bitcoin okay your
private keys are your own private Keys
be very careful with your private keys
don’t go auto updating your Samurai
Wallet app if you did download it off at
the App Store that is a very small risk
again I’m not a technical expert I’m a
dumbass just trying to keep you up to
date with what is going on there could
be a small risk there okay but if you
that’s not a risk okay really if you
your funds are not at risk just move
them out of Samurai wallet but if you
did use the samurai wallets own Dojo so
their own server there is a risk that
the US government might have your
Bitcoin X pubs okay so that is another
term that you might have seen floating
around Twitter today so an xpub is an
extended public key okay and the benefit
of running a node is if you run your own
node your xpub is private but if you’re
trusting someone else’s node that means
their node has your extended public key
that you use use for your Bitcoin wallet
now if somebody has your extended public
key that means they can see how much
Bitcoin you have in your wallet and all
of the transactions that you made okay
so again they can’t steal your Bitcoin
they don’t have your private key you can
only move Bitcoin out of your wallet if
you have the private key your extended
public key is different okay I know
there’s a little bit of confusion if
somebody has your xub extended public
key they can simply see your
transactions okay so if you’re a samurai
Samurai user and if you use Samurai
server and Samurai Dojo that has now
been seized by the US government they
could potentially see potentially see
all of the transactions that you’ve made
in the samurai wallet now again it is
also worth noting that the samurai guys
have said that they do routinely
actually delete a lot of the data in
their services um in in their servers
sorry so they have deleted a lot of old
X pubs uh supposedly again this is
something I haven’t had the time to
verify but I have heard a few people
talk about this in Twitter spaces today
and these people are actually privacy
experts and Technical experts so again I
trust what these people said on Twitter
earlier today so that’s a little bit
about what’s going on in Samurai right
now today okay but let’s talk a little
bit more about why it’s such a big
significant thing thing sorry so you can
see here on the bottom right hand side
of this screen we can actually see how
much Bitcoin is held in the samurai
wallet or how many people have used did
so you can see here I tweeted this out
just before I came on the live stream
today in the samurai world poool over
10,000 Bitcoin has gone through the
samurai whirpool that is now been seized
by the US government so again that is
more Bitcoin than been locked into the
Bitcoin lightning Network okay so a
significant amount of people used the
samurai wallet so for the US government
to come after them it is a big big big
assault on privacy and I don’t think
it’s a coincidence that this assault
came today okay because literally today
we can see that the US federal
government has increased its federal
taxes to
44.6% on the exact same day that this
news about Samurai wallet came out you
can call that a coincidence all you want
but I’m not so sure it was a coincidence
okay so again the reason why I’m so
concerned about this is the fact that it
is a continuation of the trend let’s not
forget what happened to the tornado cash
developer who was obviously jailed in
February
2023 okay so Alexy PV was arrested in
Netherlands in August last year uh
because he created a tool and a piece of
software that enabled people to mix
their crypto okay that is what tornado
cash is I I believe it resided on top of
the ethereum blockchain um but this guy
has not committed any crime okay well
again I’m going to be very careful about
what I say but he believes he has not
committed any crime okay all he did was
create a software for people to get
privacy okay so let’s read a little bit
here so again it was related to US
Treasury and ofac so TR uh sanctions so
we can see here uh p was arrested just
days after the US
treasury’s office of foreign assets
control ofac sanctioned the anonymizing
tool for crypto transactions so again
that’s all tornado cash was it was an
anonymizing tool okay I mean there’s
lots of tools that criminals use today
like guns and phones and cars but we
don’t Outlaw those tools just because
criminals use them okay just something
to think about there I mean uh just
because you want privacy it doesn’t mean
you’re a criminal okay so again I
personal opinion but I don’t think it’s
a criminal offense to create an exchange
for people to get privacy Financial
privacy is a human right as simple as
that let’s move on uh let’s have a look
at the rest of this wallet to bring you
guys up the speed with what is going on
uh so uh so he was arrested because he
created this open source Tool uh we can
also see um we had the opportunity to
explain what the basis is for 1080 cash
and why it is not money laundering this
is what his lawyer said uh it is our
opinion that the lack of knowledge is
what’s keeping him here in jail okay
this is what his lawyer said um and of
course at the time he was not released
uh for uh bail which his lawyer said was
disappointing um we can see this is a
this is an article I’m trying to find
the date of this article but this
article says tornado cash Dev was set to
be released from prison under
surveillance uh and then a I believe
this is an older article so he did
eventually get bail but we
uh I can’t find the other article I had
for you guys I lost it anyway but
essentially this is not the first time
that open source code and uh privacy
preserving tools have been attacked okay
last year in 20123 tornado cash was
attacked and the attack today on Samurai
wallet is a continuation of the trend
okay that is all I want to highlight to
you guys today it is a continuation of
the trend and guess what else has
happened recently we can see here the EU
has tried to ban Anonymous crypto
payments this year okay this is again
this was let me make let me double check
my uh my yeah okay so this is March 2023
this is one month ago I remember doing a
live stream about this on the YouTube
channel for you guys privacy is
absolutely under attack we’re going to
talk more about privacy in a moment and
solutions for that we can be
using um to uh route around this but at
first want to check out the live chat
because it is once again Lively we got
Johnny M in the chat goodday Johnny hope
you’re doing well Dan m one of the
members on the YouTube channel is in the
chat uh Australia the moon can fit
inside Australia what do you smoking
Johnny anybody worried a big wave my cap
siiz is okay there a there’s a bit
little bit liveliness going on in the
chat Co rais is a really great question
who who has the keys of those 18,800
Bitcoin okay 10,800 Bitcoin so that is
the Bitcoin that is in Clark Moody’s uh
well sorry that is the Bitcoin that has
used the samurai wallet okay so again I
hope I’ve clarified and made it clear
that the users are in control of those
keys there shouldn’t be any way that the
US government is able to seize those
keys even though Samurai is a hot wallet
okay so again I hope I’ve made that
clear
um apparently coin join services are
unavailable yes you can create your own
private uh coin joins with other people
I have a Bitcoin Mentor Arman the pman
who teaches people how to do that um so
if you’re interested in creating your
own coin joins or learning how to coin
join message me message me here on
YouTube or DM me on Twitter I can
introduce you guys maybe we can all do a
coin join together because again doing
coin joins is not illegal wanting to
have privacy over your financial
transactions should not be illegal so if
you want to do a coin join with me
message me on Twitter we can reach out
to pman and we’ll do a collaborative
transaction together um so let’s move on
we got a few more comments in the chat
chat chats okay Lively
chat Bitcoin is Sovereign security I
100% agree with Steve now what I’m
really concerned about is the trend that
we’re watching okay so Europe comes out
and tries to ban Anonymous crypto
transactions that appeared to last month
in March 2024 in April 2024 we obviously
have the uh sorry uh so right now
Samurai has got attacked so these two
events are literally months apart in
August so mid
2023 we obviously had the attack on
tornado cash and then more recently we
obviously have the bills coming out of
America
that are also trying to attack
selfhosted wallets let’s not forget this
law that’s been tried to be rammed
through uh multiple times and this bill
would effectively Outlaw self-hosted
wallets in America you can see here
self-hosted or unhost crypto crypto
wallets have been targeted by the US uh
Regulators over the course of the past
year even in 2020 let’s not forget the
US Treasury Department proposed a contra
controversial rule that would require
crypto exchanges to collect personal
details including names and home
addresses from users wanting to transfer
their cryptocurrency into a private
wallet okay so we have been repeatedly
attacked in America the land of the
quote unquote free okay so we are
watching what I believe is a trend of
tyranny and an attack okay which is
leaving a lot of people to ask the
question should I stay in my Western
State when do things get bad enough that
I’m going to actually consider leaving
what should I do okay we obviously talk
a lot about the negatives of the western
nation state on today’s Channel but
something that I thought maybe is worth
exploring the solutions of in a little
bit more detail is digital nomading and
how everybody can actually leave their
Western nation state to save literally
tens of thousands of dollars in taxes
every year okay okay I’ve been doing
this for two years now and I have a
little bit of an announcement for you
guys today we are actually going to be
doing our first live stream over on my
digital nomading YouTube channel with my
amazing girlfriend Pamela who might get
out here if she’s in the bedroom we are
about to go live in about five minutes
to literally discuss how we saved
$44,988 by traveling the world to eight
different countries last year okay now
we think a lot of people talk about the
problems and you know the the problems
of Western nation states but not enough
people talk about these Solutions so
again we we’ve created a whole another
YouTube channel to talk specifically
about digital nomading and tips and
tricks for how you can literally save
tens of thousands of dollars a year by
leaving your Western Country and just
stop paying taxes there okay most people
don’t know this if you don’t live in
your home country you don’t need to pay
them any taxes so anyway that is a
little bit of an announcement I know a
few of you guys have been asking for
that for a little while so as you can
see we are going to go live in literally
seven minutes so that YouTube channel is
called two digital Nomads on the run it
is going to be more focused on traveling
you can’t really combine Bitcoin content
with traveling content on YouTube kind
of you know it’s it doesn’t really work
to kind of mix the two pieces of content
together so if you’re interested in
nomading or how I been living over the
past two years how to save thousands of
dollars by becoming a digital Nomad and
saying F you to your Western you know
tyrannical government I would invite you
to come along Please Subscribe and stay
tuned to everything Pam and I are doing
um on that to digital no man’s channel
so uh again maybe Pam will pop a link to
that live stream in the chat of today’s
video for you guys to head on over and
check out that live stream uh that puppy
is literally starting
in 6 minutes and 14 seconds so I am
probably going to grab a drink and uh
jump straight on over there so I would
encourage you guys to come over check it
out uh you know and we will keep all of
the bigcoin content on this channel it
is difficult because Bitcoin is
obviously so intertwined with uh you
know escaping your nation state and
becoming a sovereign individual uh but I
think that there’s lots of things that
we should really be focusing on okay so
obviously storing your wealth in Bitcoin
is great because it gives you monetary
sovereignty and this is something I like
to tell people about all the time
Bitcoin is brilliant it gives you
monetary sovereignty but how do you give
yourself your own body bodily autonomy
how do you give yourself sovereignty I
did not have self sovereignty in 2020
2021 and early 2022 when I was trapped
inside Australia okay the international
borders were closed my monetary was very
Sovereign it was very free I had 100% of
my net worth in Bitcoin I was great but
I I didn’t I had monetary sovereignty I
had no physical sovereignty I couldn’t
move okay so I think digital nomading
goes hand inand with uh Bitcoin so we’re
going to be spinning up a whole another
Channel you can see the link is in the
chat my man old night haer even popped a
link to the live stream in the chat so
guys I’m gonna see you over there um and
with all that said I’m going to be back
over here for more Bitcoin content
tomorrow and we’re going to be over on
the two digital Nomads On The Run
channel for more nomading content in
what’s that three minutes all right
let’s go thank you so much for everyone
tuned in today really appreciate it um I
love jumping in here every every day we
got the regulars in the chat we got Dan
we got Phil uh CO’s in the chat uh it’s
great to see such a lively chat I do
enjoy making these videos of you guys so
again let’s I’m gonna jump over to the
digital Noom maning Channel and we’ll
see you there in about three minutes
adios amigos
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31 Comments
I dont think they could hold 10,000btc. They never hold funds, all funds are non custodial
They cannot ban bitcoin
Luke hi, could you advise me on a cold wallet ( air gap) to use here in Australia. I have been in bitcoin for approximately 7 years. My bitcoin is on hot wallets. I am also older so a cold wallet has to be easy for me to use. Thanks Luke🇦🇺
what did usa say about samari when Ukraine started bombing ethnic Russian in donbass ?
Great work Luke & Pam, signing up!
When VPN’s illegal?
Doesn’t surprise me the indictment is coming from NY. One of the most corrupt
Subscribed, seen you on Ryan Matta channel.
I don't believe that the US government will ban bitcoin. I do think that they are working with blackrock to control it and that they will try to ban regular "self hosted" wallets. They don't want any exits. Read up on The Great Taking.
Are you familiar with Silentswap? They announced earlier today before this news came out that they will be going live as soon as they get a ok from 1 of their auditors. The SquidGrow project is helping build it, It will be primarily on the Secret Network however only usable to mostly L2 chain users not Cosmos chains like Osmosis etc..
KYC is no big deal. Went on the exchange to acquire some freedom Bitcoin. All they wanted was my fingerprints, eyeball scan and penis size. What's the problem?
Luke, what are your thoughts on Governments requiring BTC L2 Lightning Network providers having KYC for all users in the future ?
In the spirit of free speech, has everyone watched the Who Killed Bitcoin documentary on YT ? or read Hijacking Bitcoin by Roger Ver ?"
My crooked US Government steals. It lies. The US dollar has been used for the most money laundering! Just look at all the drug created wealth in Miami!😮 They lie about COVID and dangerous vaccinations. All that mask BS! Our crooked FBI and corrupt justice system have become political ammunition. They let our borders be open to murderers, drug dealers, and terrorists! I wonder how many of our leaders spent time on Sex Island? Our only hope is Trump!
Why are we allowing government to steal our privacy. Why do they feel the need to constantly extort from the very people they exist for. I believe its time to Un-fund governments all over the world, for they have lost their purpose for the rest of humanity.
I know it was me and I’m really upset about it😂
Right after they passed FISA702, coincidence?
I think the problem is when you’re talking privacy, but not including paying taxes on any purchases through bitcoin that’s a problem. Even the Bible says and Jesus says give to Cesar what is Caesars that means pay your taxes. You’re dancing around saying bitcoin should be private, but you’re not really talking about paying taxes for your purchases. I personally don’t like paying taxes however I do when it is due to the state.! this is the reason why the government is going after institutions or platforms like this!
With respect to outlawing or trying to control self custody wallets, I can understand why countries would try to do this. Because if everybody was self cussing, their bitcoin there is a huge possibility that they could lose through irresponsibility all their bitcoin thus eliminating the total sum of bitcoin in the system since there’s 21 million total bitcoin they will never be produced. This makes sense that self custody may be very dangerous to the whole system. something has to be done to protect the Integrity of bitcoin each and every bitcoin so allowing self custody on the face is very irresponsible and could end up bringing the whole bitcoin system down in the long run. Just my opinion.
You will not like a life on the run… you are miss guided my friend!
Government seizing asset. In 1933 Roosevelt seized gold from the working and ban Gold .
Democrats BTW.
GF
Nomad for 2 years
Unless it is an exchange the $BTC is fine.
The gov is out of control
11:36. Do you even read before opening your mouth? Government hasn't "increased" the taxes. They have "proposed" an increase. That means it still has to get voted on, and go through the entire law making process. Things are proposed all the time, every little of it actually get's into law.
Privacy should not be illegal. Sanctions should
America will never ban bitcoin as long as Blackrock has a say. Why buy when you can just seize 😅😅
they're scared because they can't control this system
The government needs to be held accountable. By arresting these men, this is a message that these psychos are willing to arrest any of us.
Sounds to me like the US government's own Department of Justice just said bitcoin is money.
If your government is concerned about its citizens controlling their own money, then you should be asking what is wrong with your government, not Bitcoin.