Samourai Wallet Founders Plead Guilty in $100M Laundering Case

Samourai Wallet Founders Plead Guilty in $100M Laundering Case
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Samourai Wallet co-founders Keonne Rodriguez and William Lonergan Hill have pleaded guilty to charges of money laundering and operating an unlicensed money-transmitting business. The DOJ alleges their service processed over $2 billion in illegal transactions, including funds tied to darknet markets. This case highlights growing legal scrutiny on crypto privacy tools.

  • Founders face up to 25 years combined for money laundering and unlicensed money transmission charges.
  • DOJ claims internal communications prove founders knowingly facilitated criminal transactions.
  • Case parallels Tornado Cash litigation, sparking debate over developer liability for open-source tools.
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