DOJ Crackdown on Privacy App Sparks Debate on Digital Financial Privacy

• DOJ crackdown on Wasabi Wallet’s coinjoin service raises digital privacy concerns.
• Whistleblower Edward Snowden criticises slow progress on Bitcoin privacy by Developers.
• Privacy advocates urge developers to find solutions for anonymous transactions.

DOJ’s Crackdown on Privacy App Wasabi Wallet Raises Concerns About Financial Privacy in Digital Age. Privacy-focused Wasabi wallet has shut down its Coinjoin Coordination service. Naomi Brockwell, a cryptocurrency and privacy advocate criticized the DOJ’s action on Twitter, stressing the importance of financial privacy for a free society.

This week the DOJ criminalized the devs of an app that restores financial privacy. Financial privacy is essential for a free society.
I had a brief chat back in 2020 with @Snowden about the need for privacy in bitcoin.https://t.co/FBDSqqpvXJ pic.twitter.com/X2nNPJYSgc

— Naomi Brockwell (@naomibrockwell) May 3, 2024

zkSNACKs, the company behind the development of Wasabi Wallet tweeted that it is is discontinuing its conjoin coordination service effective June 1st, 2024, after years of dedicated work to enhance Bitcoin’s privacy. 

Privacy Advocate Edward Snowden who has alwa…

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