I mean, this is essentially a sophisticated version of, of what you could do with an Excel spreadsheet, is what a digital wallet really is. It's a digital way to store your keys, your credentials. The founders of [Tornado Cash and Samurai Wallet] were prosecuted for operating a legal money service business. Now, that's the problem, is we should be clear that in this law that writing software, you're not building a security. If you're selling a hard drive, you're not facilitating anything. (14:53–15:00)
CLAIM
Asserts that the founders of Tornado Cash and Samurai Wallet were prosecuted for operating a legal money service business.
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