Samourai Wallet Co-Founder Sentenced To 4 Years For Role In $230M Illicit Tra...
Keanne Rodriguez, co-founder of the cryptocurrency mixer Samourai Wallet, was sentenced to five years in prison on November 7th. Following this, on November 19th, co-founder William Hill received a four-year prison sentence for their roles in facilitating illegal transactions through their platform. Samourai Wallet Founders Charged According to the US Attorney’s Office for the Southern […]
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Keonne Rodriguez, one of the co-founders of the cryptocurrency mixer Samourai Wallet, was sentenced to five years in prison on Thursday for his role in operating a service that allegedly laundered “hundreds of millions of dollars” derived from illegal dark web activities and fraudulent schemes. US District Judge Denise Cote imposed the maximum sentence for the charge of conspiring to run an unlicensed money-transmitting business during a hearing on Thursday. Rodriguez Pleads Guilty In Samourai Wallet Case Rodriguez entered a guilty plea to this charge back in July as part of a plea....
The co-founder of Samourai Wallet, Keonne Rodriguez, was given the maximum prison time this week after his guilty plea in a US federal case linked to tools that allowed Bitcoin users to attempt to conceal their transactions. Related Reading: Bitcoin Boom Reward: Spain’s Science Institute To Liquidate Decade-Old BTC Holdings According to court filings, the […]
Quick Facts: 1️⃣ Prosecutors want the full five-year prison sentence for Samourai Wallet’s founders after they pleaded guilty to an illegal money-transmitting charge. 2️⃣ A key piece of evidence is an internal message where a founder called their mixing feature ‘money laundering for Bitcoin.’ 3️⃣ Best Wallet remains a private and secure multi-chain wallet for […]
Samourai Wallet developers don’t believe you should trust their wallet platform. “Users should look at our reputation thus far and make a judgement as to if we are honest and trustworthy, but at the end of the day code doesn’t lie, we have produced the code, anyone can go take a look, can comment, can suggest, can criticize, can fork,” a developer, who goes by ‘SW’, told CCN. Bitcoiners should only trust one person when it comes to storing their bitcoin – themselves. Samourai formally started development in February 2015 with the goal of filling a major void in the Bitcoin wallet space:....
The developers of the privacy-centric bitcoin wallet, Samourai, have announced a new feature that claims to “improve fungibility and frustrate blockchain spies.” Samourai Unveils a Premium Bitcoin Transaction Hop Service. Launched in the spring 2015, the creators of the Samourai bitcoin wallet have been staunch advocates of bitcoin privacy and....