The co-founder of the cryptocurrency mixing service Samourai Wallet has been arrested on suspicion of illegal money laundering

2024-04-25 08:19:07

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ChainCatcher news, according to The Block, the co-founder of the cryptocurrency mixing service Samourai Wallet has been arrested. Prosecutors stated that they are suspected of laundering $100 million from Silk Road and other illegal markets. On Wednesday, Samourai CEO Keonne Rodriguez and CTO William Lonergan Hill were charged with operating Samourai Wallet.

Prosecutors indicated that Samourai is an unlicensed remittance company involved in "over $2 billion in illegal transactions and facilitated over $100 million in laundering transactions for illegal dark web markets, including Silk Road." Rodriguez was arrested on Wednesday morning and will face a judge in Pennsylvania.

It is reported that Hill was arrested in Portugal, and the U.S. is seeking extradition. Prosecutors stated that Samourai's web servers and domain name have also been seized, and the application can no longer be downloaded from the Google Play Store in the U.S. Rodriguez and Hill are charged with money laundering and unlicensed money transmission, with maximum sentences of 20 years and 5 years, respectively.

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Samourai Wallet money laundering

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