Crypto mixer founders sent to prison for laundering over $237 million
The founders of the Samourai Wallet (Samourai) cryptocurrency mixing service have been sent to prison for helping criminals launder over $237 million.
Samourai CEO Keonne Rodriguez was sentenced to five years in prison on November 6th, while the cryptomixer’s Chief Technology Officer William Lonergan Hill received a four-year sentence on November 19th. Both men were also sentenced to three years of supervised release and must pay $250,000 fines.
The two defendants were arrested in April 2024 and charged by the prosecutors with conspiracy to operate an unlicensed money-transmitting business (with a maximum sentence of 5 years) and money laundering (which carries a maximum sentence of 20 years).
They pleaded guilty in…
