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Home»ADOPTION NEWS»zkSNACK blocks Wasabi Wallet and other services for US users.
ADOPTION NEWS

zkSNACK blocks Wasabi Wallet and other services for US users.

By Crypto FlexsApril 27, 20242 Mins Read
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zkSNACK blocks Wasabi Wallet and other services for US users.
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Posted 1 minute ago In ~

zkSNACKs, the developer of Wasabi Wallet, an open-source Bitcoin wallet that “binds” transactions to enhance privacy, has blocked US users from accessing Wasabi Wallet and other services indefinitely.

According to a company announcement, users in the United States and related territories are now prohibited from “visiting the website, downloading and using Wasabi Wallet and all related products and services, including API and RPC interfaces,” through IP address firewalls. It pointed to “recent announcements from U.S. authorities” as justification.

zkSNACKs’ announcement was vague, but one reason for the policy change was the arrest of two of Samourai Wallet’s founders earlier this week. Samourai Wallet is a Bitcoin wallet that similarly includes privacy features that officials say enable money laundering.

The arrest of the Samurai founders follows the arrest of the co-founders of Tornado Cash, a hybrid protocol for the Ethereum blockchain. Department of Justice (DOJ) prosecutors have argued that criminals’ use of hybrid services to knowingly profit is enough to bring money laundering charges, and industry advocacy groups have proposed a defense to protect the free speech rights of open source developers. presented.

zkSNACKs could not immediately be reached for comment.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

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