DC Judge Calls Unhosted Wallet 'Horror Story' a 'Fiction'
Updated Jan 14, 2021 at 3:55 p.m. UTC DC Magistrate Judge Calls Unhosted Wallet ‘Horror Story’ a ‘Fiction’ Federal Magistrate Judge Zia M. Faruqui has learned to stop worrying and love unhosted wallets. “The horror story of unhosted wallets is fiction, not fact,” wrote the judge in a Jan. 6 memorandum opinion for D.C. District Court. He quoted a Coin Center thinkpiece (also named in Strangelovian fashion) on the downside of over-regulating unhosted wallets, then added his own summation: “Indeed, cash poses a greater challenge to law enforcement than cryptocurrency in unhosted wa...
Source: coindesk.com