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0 sats \ 9 replies \ @TonyGiorgio 19 Jan 2023 \ parent \ on: Why You Should Care About the U.S. DOJ's Announcement on Bitzlato bitcoin
I mean, they will go after any money transmitter operating without a license. Sorry to break it to you but Robosats is a temporary custodian sitting in the middle of all p2p transactions. It's a cat and mouse game from here and I bet the crypto exchange was in a similar spot but with a bigger target on the back esp. with connections to DNMs.
Bitzlato worked similarly to RoboSats.
And, yeah, they work on broad definition of money transmitters including LN nodes for example.
I just think that this should be fought in many fronts, first and foremost using more advanced tech and activism, too.
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No, this isn't just LN node stuff. I mean literally custodians. Lightning node routers do not have custody of the funds they are routing. RoboSats does.
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I talk about what they want to introduce in FATF with VASP and etc, not about what LN actually is or how it operates.
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Has nothing to do with the conversation. We're talking about taking down custodial p2p platforms because they are custodial.
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