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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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The two co-founders of Samourai Wallet are facing up to 5 years in prison.
BlockBeats news, on July 31, according to Decrypt, the two co-founders of the crypto tumbler service Samourai Wallet, Keonne Rodriguez and William Lonergan Hill, face up to 5 years in prison after admitting to conspiring to operate an unlicensed remittance business on Wednesday. As part of a plea agreement, the U.S. Department of Justice agreed to drop more serious Money Laundering charges — which could carry a maximum sentence of 20 years according to the DOJ's sentencing guidelines. The charges for illegal remittance operations carry a maximum sentence of 5 years. Both initially pleaded not guilty to the charges, but court documents show they have changed their plea to guilty.