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Trump to Review Pardon for Samourai Wallet Co-Founder

Trump was asked Tuesday about the prospect of a pardon for Samourai Wallet co-founder Keonne Rodriguez, sentenced to five years for running an “unlicensed money transmitter.”
Trump to Review Pardon for Samourai Wallet Co-Founder
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Trump said during a Q&A session with journalists at the Oval Office that he will review a potential pardon for Keonne Rodriguez, co-founder of privacy-focused bitcoin wallet Samourai Wallet.

What's the scoop?

  • Rodriguez's Sentence: Rodriguez received a five-year prison sentence last month for running Samourai Wallet, being convicted for “operating an unlicensed money-transmitting business.”
  • Trump Comments: "I've heard about it, I'll look at it," he told reporters. "I don't know anything about it, but we'll take a look." While the President's comments at the journalist Q&A sessions were far from committal, Trump has been known to make his pardon decisions quickly.
  • Prior Pardons: Trump's comment follows his recent pardons of Ross Ulbricht, creator of Silk Road, and former Binance Binance CEO Changpeng Zhao.
  • Rodriguez's Response: Rodriguez posted on X thanking Trump for considering the case and noting similarities to a weaponized DOJ, with four days left until he enters federal prison.

Bankless Take:

If Trump ends up pardoning Rodriguez, it would go a long way toward undoing the impression that Trump’s administration is ending all Biden-era crypto enforcement actions, except those related to privacy. As I wrote about a few weeks back, Trump’s DOJ has allowed enforcement to continue against Tornado Cash Tornado Cash and Samourai wallet, despite both from the “Biden era” — giving the impression that the administration is quietly against privacy. Further, given the fact that Rodriguez was charged for “operating an unlicensed money-transmitting business,” despite a Brady letter from FinCEN saying Samourai did not qualify as one, and thus didn’t need to get a license, the case proves particularly tense and a pardon would go a long way toward correcting this contradiction.

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David Christopher

Written by David Christopher

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David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.

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