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

    1. 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🇦🇺

    2. 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.

    3. 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..

    4. 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?

    5. In the spirit of free speech, has everyone watched the Who Killed Bitcoin documentary on YT ? or read Hijacking Bitcoin by Roger Ver ?"

    6. 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!

    7. 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.

    8. 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!

    9. 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.

    10. 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.

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