Up to 25 years in jail for the co-founders of an app that keeps your money private
In a recent development, the founders of the popular cryptocurrency wallet, Samourai Wallet, have been arrested and charged with multiple offenses, including conspiracy to commit money laundering.
Federal prosecutors have charged Keonne Rodriguez and William Lonergan Hill, the founders of Samourai Wallet, with conspiracy to commit money laundering. The charges stem from their alleged involvement in facilitating illegal transactions and money laundering through their cryptocurrency-mixing service.