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In The Media

Samourai Wallet. Honey Pot of the Decade

by Larry Chiang on November 7, 2025


– JuanSGalt’s post retweets his own sarcastic reply to Ryan S. Adams, mocking Samourai Wallet as a “honeypot” by listing its developers’ alleged missteps—like storing user xpubs on servers and provocative marketing—that allegedly led to their arrest and guilty plea.
– Samourai Wallet, a non-custodial Bitcoin privacy tool, saw co-founder Keonne Rodriguez sentenced to five years in prison on November 6, 2025, for unlicensed money transmission after laundering over $237 million, per U.S. DOJ; critics had long flagged its xpub logging as a privacy flaw despite alternatives.
– The exchange highlights Bitcoin community’s split: Adams warns of chilling effects on privacy innovations like Zcash, while JuanSGalt blames Samourai’s design and bravado, echoing debates since the 2022 Tornado Cash sanctions.

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