Cryptonator taken down

[ABCbits]

On Exodus wallet, their users can also exchange their cryptocoins to other cryptocoins within the wallet. Does this imply that this wallet is also in danger of being accused of moneylaundering and other illegal activities?

IIRC the exchange feature handled by 3rd party, which impose optional KYC verification. So risks faced by Exodus shouldn't be as risky as you expected.

This is certainly very headshaking because to use a similar argument from the arguments created before this, why imprison the creator of the tool if the tool was used for criminality? If a bank robber used a certain car to rob a bank, does this imply that the creator of the car can also be implicated with the crime?

Usually i would agree, although in this case i won't say that since i barely know about Cryptonator. Besides, it's not the first time and won't be the last time either.

[JollyGood]

Sadly for those that may have had funds sitting there, the OP mentioned now that the law enforcement agencies have decided to shut them down they will never see their crypto again. Whereas most people probably moved on with the times and upgraded to better/secure wallets, some may have decided to continue using them and have now lost their funds. From what I recall, I had never heard of "Cryptonator" before therefore just as you I also am glad I never used it.

I have never used this wallet, but now I am glad it is so.

But why do people need to use a large number of different wallets? Isn't that just an unnecessary complication? Now there are already a lot of good multicurrency solutions, so the justification that some wallets do not support a certain coin or token is not adequate