Post
Topic
Board Wallet software
Merits 6 from 2 users
Re: Announcing Wasabi Wallet 2.0
by
NotATether
on 12/06/2022, 04:46:24 UTC
⭐ Merited by o_e_l_e_o (4) ,klarki (2)
In addition to the link BHC has provided, this entire thread from the start of the second page is discussing that Wasabi is now anti-privacy and pro-censorship. Note that the account nopara73 belongs to Adam Ficsor, the CEO of Wasabi. His responses are quite telling, and reveal a lot about how Wasabi view their customers now. Other key statements:

Adam Ficsor said this on Telegram.
Quote
We'll have to hire a bc anal company and filter out coinjoin input registrations with them

Max Hillebrand (CEO of zkSNACKs) said this in an interview.
if you, as a CoinJoin coordinator, if you want to work with institutional clients, hedge funds, insurance funds, Michael Saylor, and all these people, well, even if ZKSnacks were not to be regulated, those customers might very well be, maybe because theyre custodians of other peoples money or whatnot. And then these regulated entities can only become users of a coordinatorarguably, Im not sureif such a blacklisting is involved.

In short, Wasabi now cooperate with blockchain analysis to spy on and censor their users so they can cater to institutional clients so they can maximize their own profits.



Is it that you are running low on clients after we all left due to the new surveillance features of the wallet or is it that your Blockchain Analysis collaborator needs more clients to spy on?
Perhaps spying on their users and sharing this data is even more lucrative than their blockchain analysis partners originally thought, and so they are happy to bank roll a signature campaign to harvest even more data.

OK, now that's really disgusting.

So basically up to this point, whenever somebody asked here how to do CoinJoins, we'd just point them over to Wasabi wallet and we had no idea the peril we were endangering them to. Even now, some people who haven't seen that thread (and the really-new developments in this one) are still pointing to their CoinJoin service in answers unknowing that they have been compromised.

It means that CoinJoin providers are just as susceptible to blockchain analysis compromise as mixers are and also, (fortunately) its usually easy to tell when they are compromised because they will be forced to make an announcment like that.

[I'm not sure if ChipMixer has an API for prgramatically opening sessions, but in light of this Wasabi wallet scandal, let's renew interest in a v2 CM Electrum plugin.]