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The US Prosecution Seeks to Sentence Samourai Wallet Founder to Up to 5 Years in Prison
By: theblockbeats.news|2025/11/04 13:45:51
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BlockBeats News, November 4th, according to Decrypt, the US Southern District of New York prosecutors stated in a sentencing memorandum that Samourai Wallet founder Keonne Rodriguez and William Lonergan Hill had solicited criminal users on the dark web and referred to coin mixing as "Bitcoin laundering." The two have pleaded guilty to "operating an unlicensed money transmitting business and engaging in money laundering," with prosecutors seeking up to 5 years in prison under 18 U.S.C. §371. Authorities stated that the service laundered at least $237 million from 2015 to 2024, with the two charging approximately 246.3 BTC in fees (currently valued at around $269 million). Rodriguez is scheduled to be sentenced on November 6th, with Hill to follow the next day.
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