Did prosecutors break Trump’s executive order by selling the forfeited Samourai Wallet Bitcoin?
The US Marshals Service (USMS) seems to have sold Bitcoin valued at $6.3 million, which developers Keon Rodriguez and William Lonergan Hill of Samurai Wallet paid to the Department of Justice (DOJ) as part of their guilty pleas. This action might actually breach Executive Order (EO) 14233, stipulating that Bitcoins obtained through civil or criminal […]
Samourai Wallet Creator Given 5-Year Prison Sentence for Unauthorized Money Transfers
Samourai Wallet Developer Sentenced to Five Years in Prison In a recent ruling, Keonne Rodriguez, a developer of the Samourai Wallet, received a five-year prison sentence for his involvement in establishing a Bitcoin mixing service. Prosecutors claim this service facilitated the laundering of approximately $237 million in illicit funds. During the sentencing, District Judge Dennis […]
Prosecutors in the US Aim for Harshest Penalty for Samourai Wallet Creators
Simply put Founders of Samurai Wallet, Keonne Rodriguez and William Lonergan Hill, have admitted guilt in operating unlicensed money transmission services, and their sentencing is upcoming this week. Prosecutors argue the pair solicited criminals on dark web platforms, with Rodriguez reportedly calling their services “Bitcoin money laundering” in private chats. Records indicate that at least […]
Founders of Bitcoin App Samourai Could Serve 5 Years in Prison After Guilty Plea
Simply put Developers William Lonergan Hill and Keonne Rodriguez pleaded guilty on Wednesday to operating an unlicensed remittance business. The two, who established the Bitcoin mixer Samourai Wallet, altered their plea this week. They could face up to five years in prison. The founder of Samourai Wallet, which is a Bitcoin mixer, has been sentenced […]
Arrested Samourai Wallet co-founder to be released on bail, will contest charges – The Block
William Lonergan Hill, who was arrested in April along with Samurai Wallet co-founder Keon Rodriguez on federal charges of money laundering and operating an unlicensed money transmitting business, has been granted bail by the U.S. government, although specific terms have yet to be determined. According to a recent letter from Hill’s lawyers, the two parties […]
Free Samourai: The deep state’s attack on Bitcoin
Last month, the U.S. Department of Justice two men arrested He was charged with running a money transfer business that was used to launder criminal funds for more than $100 million. These men are currently being prosecuted by the Southern District of New York, and one of them is already incarcerated on the US East […]