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Learning & News => News related to Crypto => Topic started by: sirty143 on May 05, 2024, 04:28:29 PM

Title: US Authorities Charge Founders of Bitcoin Mixer Samourai Wallet
Post by: sirty143 on May 05, 2024, 04:28:29 PM

US Authorities Charge Founders of Bitcoin Mixer Samourai Wallet for Laundering Over $100 Million

The U.S. Department of Justice has indicted the founders of Samourai Wallet, Keonne Rodriguez, and William Lonergan Hill, on charges of operating an unlicensed money-transmitting business and laundering over $100 million through illicit transactions. See more for yourself here (https://news.bitcoin.com/us-authorities-charge-founders-of-bitcoin-mixer-samourai-wallet-for-laundering-over-100-million/).

Your opinion is greatly appreciated.

Title: Re: US Authorities Charge Founders of Bitcoin Mixer Samourai Wallet
Post by: TomPluz on May 08, 2024, 06:12:46 AM

This is quite expected and with the reach and influence of the US government I am sure that these two guys - Keonne Rodriguez and William Lonergan Hill - will be getting some prison terms at their sentencing day. I am seeing the possibility that the accused would settle the case by accepting the guilty for the possibility of lesser years in incarceration. With the gravity of the charge, surely they will not be getting just four months just like what CZ got recently. Now, this is serving as a big warning for other operators of similar crypto-related businesses to be always careful when dealing with residents and citizens of the United States...the risk of its government running after you can be gargantuan and running away will not solved anything as well as fighting DOJ is not worth it.