Samourai Wallet Co-Founder Sentenced to Five Years for Unlicensed Money Transfer Operations

According to PANews, a federal court in New York has sentenced Keonne Rodriguez, co-founder of Samourai Wallet, to five years in prison for conspiring to operate an unlicensed money transfer business. Rodriguez had previously reached a plea agreement with prosecutors and agreed to forfeit $237 million in assets and pay a $400,000 fine alongside another co-founder. The case involves the use of coin-mixing services to launder money from darknet and fraudulent activities.