Samurai Wallet Developer Keonne Rodriguez Receives Maximum Sentence For Crypto Crime
Samourai Wallet developer Keonne Rodriguez received the maximum sentence of 5 years in prison for his role in the digital asset scheme on Thursday.
According to Inner City Press reporter Matthew Russell Lee, Southern District of New York Judge Denise Cote slapped Rodriguez with 60 months in federal prison followed by three years of supervised release.
Per Inner City Press, the Bitcoin wallet developer has also been ordered to pay $250,000, equivalent to 20% of his gross monthly income.
Rodriguez will be allowed to stay out on bail until his prison surrender date on December 19.
“I am sorry and will never break the law again,” the media outlet quotes Rodriguez as saying.
