Federal Public Prosecutors in the United States have refuted the allegations that they have suppressed evidence in their case against the founders of the Simourai Wallet encryption service, arguing that a conversation with the Treasury employees had been conducted within the required time frameworks.
In a letter on May 9 to the Manhattan Federal Court, the Public Prosecutors opposed a hearing, claiming that they had delivered “all known objective communications” between it and the Fincen Financial Crime Network on Samurai “months before the trial and trial suggestions.”
They wrote: “The defendants will have seven months to benefit from information before the trial.” “There is nothing more justified.”
On May 5, the founder of Samurai Kun Rodriguez and William Hill asked the court a hearing, claiming that the prosecutors who were late to reveal that the Fincen representatives told them six months before the couple accused that under the agency’s instructions, the service “will not be qualified” for the money services company “that requires the Fincen license”.
However, in the February 2024, general prosecutors are still plotting to operate unlicensed funds that transfer business and money laundering, cancel the charges and arrest the husband in April of that year. Both acknowledged that he was not guilty.
In their message, the general prosecutors argued that they “acted in good faith” in revealing the “contents of this unofficial conversation” between them and Kevin Okonor, head of the Virtual and Concorder Assets Department in Fincen in the implementation and compliance department, and the employee of the Policy Department of Lorina Valentine.
Invite that Okonor and Valenti’s comments were “their individual and informal opinion and warning” about whether Samurai will need to register as a money sender under Final.
FINCEN “had no feeling” to expel Samurai
The public prosecutor’s speech noted that an email from one of the prosecutors summarizes the August 2023 call with Fincen that he said that Samourai is not embraced on encryption, this will “heavily indicate that Samourai does not act as MSB [money services business]”
However, he noticed that Final employees “had no sense of what Fincen would decide whether this question was presented to their Final Politics Committee.”
Samurai’s lawyers claimed that the invitation showed that Rodriguez and Hill “were not financial transmitters under the supervision of Vinson” and that “they could not be tried because there is no license.”
The founders participating in Samurai had tried to reject the case in April, pointing to the note of the Attorney General Todd Blanche, which was issued this month, saying that the Ministry of Justice would not sue coding mixers about “unwanted regulations violations.”
In their letter, the prosecutors addressed this memo, on the pretext that the court “should not be considered”, as the memo states that it may “not rely on it to create any right or benefit” against the United States or its departments.
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