Samourai Wallet Co-Founder Sentenced To 4 Years For Role In $230M Illicit Transactions

Co-founders of Samourai Wallet, a non-custodial crypto mixer, have been sentenced to prison for operating an unlicensed money-transmitting business. William Hill received a four-year sentence, while Keanne Rodriguez was sentenced to five years. This case highlights the increasing scrutiny from the Department of Justice (DOJ) on cryptocurrency mixers and their compliance with financial regulations.

William Hill, co-founder of the privacy-focused cryptocurrency platform Samourai Wallet, has been sentenced to four years in federal prison for operating an unlicensed money-transmitting business. This ruling highlights the ongoing legal challenges faced by cryptocurrency platforms that prioritize user privacy.

Bill Hill, co-founder of Samourai Wallet, has been sentenced to four years in prison for engaging in unlicensed money transmitting. The 67-year-old's recent autism diagnosis and advanced age were considered mitigating factors during sentencing.

William Hill, co-founder of Samourai Wallet, has been sentenced to four years in prison for his involvement in money laundering activities. This case underscores the ongoing tension between the desire for privacy in cryptocurrency transactions and regulatory efforts aimed at preventing illicit financial activities.