101 sats \ 2 replies \ @justin_shocknet 25 Apr \ on: Samourai Indictment Is Bad News For The Lightning Network bitcoin
Terrible take, it's great for the Lightning Network...
- This hasn't even gone to court yet, and odds are in favor of the money transmission charge being dismissed because they never had custody of funds... this would be massively positive Lightning applicable case-law
- 1a) Lawfare is real, this is probably a psyop because it was always a honeypot... it's the Epstein judge to boot
-
The IRS was tagged in the announcement who did the bust, that's comms... comm's that infer the service would have been allowed to operate had they simply paid their tribute
-
Everyone that was told they are morons for using that honeypot now know the people that told them that were right
- 3a) Scamourai were one of the most vocal attackers of LN, without their lies their moron users can come to a truly private network and increase the overall anonset and regulatory DoS effect of LN
- It took the state 10 years to move on this scale of an operation, it'll take years more to get a ruling... that's if the FBI/DOJ even remain in tact through 2025 ... their attempting to go after millions of lightning nodes when it took 10 years to charge 1 metadata node would just make them look inept
So wait. This is good news? I feel better now.
Seriously, I do agree with a lot of what you wrote. With #1, though, I think there is a high likelihood that we will see guilty pleas very soon. That's how it works in the federal system. Either one defendant will roll on the other, or some Russian oligarch will take a hit. Either way, plea bargains almost always involve guilty pleas to all charges.
reply
They admitted guilt to money laundering on Twitter effectively, but that's a different charge from money transmission which is the presumed attack vector for LN
You're right in that psyops have meaning, this foreshadows something... an L for the devs can still be a L for the deep state and a W everyone else
reply