Doesn't matter how little it is. If you're custodying user funds, especially in the US, without KYC, you're going to either shut down, rug, end up in jail, or be unpopular enough to not get noticed.

I'm expecting @thebitcoinbugle to report that they are just preparing a re-brand for the american market. They will change the name to Wallet of Janet in the US.

Not surprising, but still disappointing.

I know WoS gets a lot of flack around these parts, but custodial services will always have a place in the Lightning ecosystem. They are fine for small amounts and the easiest way for newbies to recieve funds without worrying so much about in-bound liquidity.

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I love the smell of "and then they fight you" in the morning.

land of the free

It was always going to happen. I assumed they were going to shotgun KYC first or something like that though. I wonder what changed to make this happen. I think technically all custodial wallets aren't allowed unless they are qualified custodians or something.... looks at SN balance in corner

I noticed this pattern everywhere 😂

Our top priority is the safety and interests of our customers and our company.

rest assured that...

Rule #1: Always use non-custodial wallets
Rule #2: Follow rule #1

One day ends, another begins.

https://m.stacker.news/5780

RIP every bartender and waiter in America who got orange-pilled this way.

After SEC and DOJ keep coming for Binance, WOS is taking the safe bet out before they might just come for them

Apple wants lightning for themselves? They will tie it into Apple Pay and have a way to send/receive only white listed transactions…

This next 12 months in bitcoin will
Be popcorn worthy man. Stay humble and self custody.

not surprised, USA is the worst place for bitcoin centric companies to operate

https://m.stacker.news/5877

The government is trying to get through bitcoin as it can't attack layer 2. Which is the lightning wallet because since apps are centralized they want a piece of the pie.

removing the app from US app stores will not satisfy regulators - they will expect kyc on all users globally to make sure americans are not using it

yes, that is fucked up but that is how large custodians have been treated in the past

removing the app from US app stores abruptly with delayed comms indicates a level of panic from their team that is a concern - the only responsible path forward requires deliberate action from the wallet of satoshi team to encourage users to withdraw funds ASAP - otherwise the next course of action is likely a panicked shotgun kyc of all users without notice

Well what happens for not being open source?

Why is there no option to download WoS from web?

Sad, but expected.

What happened?

I think that they were targeted because of being the most popular LN wallet. Other LN wallet are on the store without problem.

Where do we go from here?

US folks can always sideload it.

Nothing of value was lost

PWA ALL THE THINGS!

hmmm

Good.

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