Samourai Wallet | Crypto

Samourai Wallet co-founder Keonne Rodriguez said mounting legal debt and fading pardon hopes could force him to serve his full prison sentence. Keonne Rodriguez, one of the developers behind the crypto-mixing protocol Samourai Wallet, is appealing to the crypto community for donations to help cover legal bills and fines tied to his trial over money laundering. Samourai Wallet co-founders Rodriguez and William Lonergan Hill were sentenced on Nov. 19 to five and four years in prison, respectively, on charges stemming from their involvement in the protocol. Rodriguez said in an X post on Wednesday that he desperately needs help after being “financially wiped out,” accruing $2 million in debt from legal fees and a $250,000 fine imposed by the sentencing judge. Read more

A prison letter from Keonne Rodriguez has reignited debate over crypto privacy tools, developer liability and executive clemency. Keonne Rodriguez, co-founder of Bitcoin privacy tool Samourai Wallet, spent Christmas Eve documenting his first day inside a US federal prison, offering a personal account as a crypto developer now serving a five-year sentence. In a letter shared by The Rage, he described the experience of surrendering himself to the prison camp. The account detailed the intake process, which included searches, medical clearances and the transition into prison housing. Rodriguez also described the emotional weight of leaving his family days before Christmas. Read more

Samourai Wallet cofounder Keonne Rodriguez received the maximum sentence this week of five years in prison for writing code. As a developer sits in a jail cell for building privacy tools, many in the Bitcoin community, including Max Keiser, are pushing for a full pardon. Crypto crackdown: Beyond campaign promises Donald Trump vowed during his […] The post Privacy on trial as Samourai Wallet cofounder lands in jail for writing code appeared first on CryptoSlate.

The developers behind Samourai Wallet pleaded guilty to a single count of conspiracy to operate an unlicensed money‑transmitting business. The plea deal secures dismissal of the parallel money laundering conspiracy charge and caps potential prison time at five years. It also includes $237 million in forfeiture and a $400,000 fine. As journalist Matthew Russell Lee […] The post Samourai Wallet founders plead guilty to unlicensed money transmission; DOJ drops laundering, conspiracy charges appeared first on CryptoSlate.