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Samourai Wallet co-founder Keonne Rodriguez was sentenced to five years in prison after pleading guilty to operating a crypto mixing service designed to conceal criminal proceeds, prolific courthouse tweeter Inner City Press reports.
What’s the Scoop?
- Sentencing details: Rodriguez received the maximum sentence prosecutors sought, along with a $250,000 fine, in a ruling from the Southern District of New York.
- Charges and plea: Rodriguez and co-founder William Lonergan Hill initially contested the charges but pleaded guilty in July to running the “Whirlpool” mixer, which authorities say was built to enable money laundering.
- Prosecutors’ case: Officials said the pair encouraged users on X to use Samourai’s tools to launder funds tied to criminal activity.
- Defense remarks: Rodriguez expressed remorse, with his lawyer contrasting him with FTX’s Sam Bankman-Fried, calling Rodriguez a “warm family man” who lives modestly in Pennsylvania.
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