Posted inCybersecurity News
Samourai Wallet founders plead guilty to laundering > $200 million for criminal enterprises.
The founders of Samourai Wallet, a cryptocurrency mixing service, have pleaded guilty to operating an unlicensed money transmitting business and facilitating the laundering of over $200 million for criminals. Keonne Rodriguez, the CEO, and William Lonergan Hill, the CTO, admitted their roles in providing a platform that enabled users to transfer illicit proceeds, effectively “washing” illegal funds and obscuring transaction origins.
