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I'm really sorry to ask this, because this is the most ill-posed question I've ever written, but: wasn't there a big shitstorm the other year when some regulation caused Phoenix and other lightning wallets to get gunshy about something or other?
I can't remember any details, but what got stuck in my brain was a general worry about Phoenix. Does anyone know wtf I might be referring to?
108 sats \ 4 replies \ @k00b OP 7 Jan
Yeah they withdrew from the US when a noncustodial bitcoin service (Samourai Wallet) was indicted for a bunch of stuff. One of the charges was unlicensed money transmission which challenged established precedent that money transmission involved taking custody.
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They crumbled in the face of adversity and went whimpering off into the night, rather than coming up with a solution, like others chose to do😀
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52 sats \ 1 reply \ @k00b OP 7 Jan
To be fair, what they were do was perfectly legal in contrast to those other people. ;)
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Yes, which makes their flight from the U. S. more puzzling.
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Ah yes, thank you, that was it.
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