U.S. Prosecutors Seek Extension in Samourai Wallet Case Amid DOJ Policy Shift

The U.S. Department of Justice (DOJ) has recently taken a less aggressive stance on cryptocurrency enforcement, prompting the prosecutors handling the Samourai Wallet case to request a postponement. Cointelegraph reports that defense attorneys for Samourai Wallet CEO Keonne Rodriguez and CTO William Hill are seeking an additional 16 days to prepare pretrial motions following Deputy Attorney General Todd Blanche’s memo which dissolved the DOJ’s crypto team. This move comes after lawyers representing the defendants reached out to Acting Manhattan U.S. Attorney Jay Clayton on April 10, advocating for the dismissal of the case. A meeting between defense counsel and prosecutors was held on April 24th, resulting in a postponement without comment from the government about the case’s merits. Rodriguez and Hill face charges of conspiracy to commit money laundering and operating an unlicensed money transmitting business; they pleaded not guilty in April 2024. The DOJ’s policy shift signifies a change in focus away from digital asset regulation towards targeting individuals engaging in criminal activities or exploiting crypto investors. The current schedule for motions in the case is set for May 13th, with responses due by June 10th and replies by June 24th; however, this request would push these dates to May 29th for motions, June 26th for responses and July 10th for replies. This development underscores a trend under the Trump administration to favor crypto-related cases by dismissing charges based on a softer stance towards the industry. Recent examples include SafeMoon CEO Braden John Karony’s attempt to have his case dismissed due to Blanche’s directive, as well as the DeFi Education Fund’s petition urging the White House to drop charges against Tornado Cash co-founder Roman Storm.