The post Samourai Wallet co-founder sentenced to five years in prison appeared on BitcoinEthereumNews.com. The founder of Samourai Wallet has been sentenced to five years in prison after pleading guilty to a conspiracy charge.  After about a year and seven months since his arrest, Samourai Wallet dev, Keonne Rodriguez, has been sentenced to five years in prison. The case against Samourai Wallet Keonne Rodriguez and his co-founder William Lonergan Hill launched Samourai Wallet in 2015 as a privacy-focused Bitcoin wallet. The wallet was advertised on its website and via social media as a “premium privacy service” and it made use of marketing language such as “No email address, no ID check, and no hassle”, and clearly targeted “Dark/Grey Market participants” who were repeatedly reminded that their Bitcoin transfers would be hard to trace on the platform. In April 2024, Keonne Rodriguez and William Lonergan Hill were arrested and later indicted by the U.S. government. Samourai never registered as a money transmitting business with the Financial Crimes Enforcement Network (FinCEN) and did not implement effective anti-money-laundering (AML) or “know your customer” (KYC) protocols. Prosecutors claim that Samourai processed about $237 million in illicit funds between 2015 and April 2024.  Rodriguez and Hill pleaded guilty on July 30, 2025, to a charge of conspiracy to operate an unlicensed money-transmitting business. Rogriguez’s verdict is bad news for privacy advocates On November 6, 2025, Keonne Rodriguez was sentenced to 60 months (5 years) in federal prison. That sentence is the statutory maximum for the charge requested by the prosecution, as Cryptopolitan reported earlier during the week. Rodriguez is also required to pay a fine and will be supervised after his release. Judge Denise L. Cote was not swayed by Rogriguez’s defense of privacy tools, citing its failure to address the real-world consequences of facilitating criminal transactions. The presiding judge also found his letters of remorse failing to show… The post Samourai Wallet co-founder sentenced to five years in prison appeared on BitcoinEthereumNews.com. The founder of Samourai Wallet has been sentenced to five years in prison after pleading guilty to a conspiracy charge.  After about a year and seven months since his arrest, Samourai Wallet dev, Keonne Rodriguez, has been sentenced to five years in prison. The case against Samourai Wallet Keonne Rodriguez and his co-founder William Lonergan Hill launched Samourai Wallet in 2015 as a privacy-focused Bitcoin wallet. The wallet was advertised on its website and via social media as a “premium privacy service” and it made use of marketing language such as “No email address, no ID check, and no hassle”, and clearly targeted “Dark/Grey Market participants” who were repeatedly reminded that their Bitcoin transfers would be hard to trace on the platform. In April 2024, Keonne Rodriguez and William Lonergan Hill were arrested and later indicted by the U.S. government. Samourai never registered as a money transmitting business with the Financial Crimes Enforcement Network (FinCEN) and did not implement effective anti-money-laundering (AML) or “know your customer” (KYC) protocols. Prosecutors claim that Samourai processed about $237 million in illicit funds between 2015 and April 2024.  Rodriguez and Hill pleaded guilty on July 30, 2025, to a charge of conspiracy to operate an unlicensed money-transmitting business. Rogriguez’s verdict is bad news for privacy advocates On November 6, 2025, Keonne Rodriguez was sentenced to 60 months (5 years) in federal prison. That sentence is the statutory maximum for the charge requested by the prosecution, as Cryptopolitan reported earlier during the week. Rodriguez is also required to pay a fine and will be supervised after his release. Judge Denise L. Cote was not swayed by Rogriguez’s defense of privacy tools, citing its failure to address the real-world consequences of facilitating criminal transactions. The presiding judge also found his letters of remorse failing to show…