Samourai Wallet Co-Founder Sentenced for Unlicensed Money Transfer Operations

Keonne Rodriguez, co-founder of Samourai Wallet, has been sentenced to five years in prison for conspiring to operate an unlicensed money transfer business. Rodriguez entered a plea agreement with prosecutors, forfeiting $237 million in assets and paying a $400,000 fine alongside another co-founder. This case involved the use of coin-mixing services to launder funds obtained through illicit activities such as darknet marketplaces and fraudulent schemes.