Samourai Wallet co-founder sentenced to five years in prison

The founder of Samourai Wallet has been sentenced to five years in prison after pleading guilty to a conspiracy charge. After about a year and seven months since his arrest, Samourai Wallet dev, Keonne Rodriguez, has been sentenced to five years in prison. The case against Samourai Wallet Keonne Rodriguez and his co-founder William Lonergan Hill launched Samourai Wallet in 2015 as a privacy-focused Bitcoin wallet. The wallet was advertised on its website and via social media as a “premium privacy service” and it made use of marketing language such as “No email address, no ID check, and no hassle”, and clearly targeted “Dark/Grey Market participants” who were repeatedly reminded that their Bitcoin transfers would be hard to trace on the platform. In April 2024, Keonne Rodriguez and William Lonergan Hill were arrested and later indicted by the U.S. government. Samourai never registered as a money transmitting business with the...

https://www.cryptopolitan.com/samourai-wallet-dev-5-year-prison-sentence/