- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Both co-founders of Samourai Wallet face up to 5 years in prison
BlockBeats News, July 31st, according to Decrypt's report, cryptocurrency mixing service Samourai Wallet's two co-founders, Keonne Rodriguez and William Lonergan Hill, admitted on Wednesday to conspiring to operate an unlicensed money transmitting business and are facing up to 5 years in prison.
As part of a plea agreement, the U.S. Department of Justice agreed to dismiss more serious money laundering charges—according to the DOJ's sentencing guidelines, these charges could carry a maximum sentence of 20 years in prison. The charge of operating an illegal money transmitting business carries a maximum sentence of 5 years in prison.
Both individuals initially pleaded not guilty to the charges, but court documents show they have since changed their plea to guilty.
You may also like
Ethereum 2029 Strawmap Guide: Ultra-Fast Consensus, Native Privacy, and the "Acceleration Variables" Brought by AI
Altcoin ETF Surge: SOL and XRP Inflows Total $23 Million as Institutions Diversify
Key Takeaways Institutional interest in altcoin ETFs is expanding, with SOL and XRP showing significant inflows on March…
Vitalik Drops Ethereum Endgame Bombshell: ETH USD to $3,000?
Key Takeaways Vitalik Buterin introduces the “Sanctuary Tech” manifesto to address Ethereum’s non-financial limitations. A current lack of…
Exclusive: Yuliya Barabash Predicts the Most Regulated Could Be the Biggest Crypto Winners
Key Takeaways The aftermath of FTX and Celsius collapses has ushered a new regulatory era, reshaping the crypto…
iPhone Crypto Wallets Under Threat from State-Grade Malware
Key Takeaways: The Coruna exploit kit exploits 23 iOS vulnerabilities, threatening iPhone users’ crypto wallets. Initially state-level surveillance,…
Bitcoin Nears Two-Year ‘Make-or-Break’ Resistance: Future Implications
Key Takeaways Bitcoin’s price is approaching key resistance levels around $73,000, observed for the first time since early…
Bitcoin Price Prediction: Analyst Says $220,000 BTC Is Coming — But Only After This Happens
Key Takeaways: Bitcoin may experience a significant drop before the next major rally begins, potentially revisiting the $50,000…
Solana Price Outlook: All Eyes Focused on $95 — Could This Trigger New SOL Highs?
Key Takeaways Solana’s price is approaching a pivotal $95 mark, which may indicate potential support or resistance for…
Advanced AI Predicts Future Prices for XRP, Solana, and Cardano by 2026
Key Takeaways: Claude AI predicts significant price increases for XRP, Solana, and Cardano by the end of 2026.…
Bitcoin Price Prediction: Fed Rate Cut Hints Propel Bitcoin Beyond $72K — Is a Mega Rally Starting?
Key Takeaways Bitcoin surged past the $72,000 mark, ignited by potential Federal Reserve interest rate cuts. The rally…
XRP Price Prediction: Ripple Just Turned to AI to Protect the XRP Ledger — Is This a Security Game-Changer?
Key Takeaways: Ripple is leveraging AI to enhance the security of the XRP Ledger after identifying vulnerabilities. AI…
Institutional Accumulation: US Bitcoin ETFs and MicroStrategy Drive $1.2B in Demand Surge
Key Takeaways: Institutional investments in Bitcoin have surged with US Bitcoin ETFs and MicroStrategy leading the charge, absorbing…
South Korea Tax Service Leaks Seed Phrases, Loses $4.8 Million in Seized Crypto
Key Takeaways The National Tax Service of South Korea inadvertently leaked private keys in a press release, resulting…
Current Crypto Predictions: XRP, Bitcoin, and Ethereum on the Rise
Key Takeaways Despite geopolitical tensions, Bitcoin hits a remarkable $71,500, reflecting market adaptability. Passage of the U.S. CLARITY…
Why is Crypto Rising? Bitcoin Reclaims $71,000 as Market Moves Past Middle East Tensions
Key Takeaways Bitcoin recovers to $71,000 despite Middle East geopolitical tensions, signaling market resilience. Institutional investors played a…
CLARITY Act News: Trump Administration Confronts Banks Over Crypto Access
Key Takeaways President Donald Trump warns banks to stop restricting crypto or face repercussions. The CLARITY Act, which…
Bitcoin Price Prediction: Veteran Trader Warns Final Flush Is Approaching — Is Another Drop Imminent?
Key Takeaways The current market analysis suggests that Bitcoin may experience another significant drop, termed the “final flush,”…
Solana Price Prediction: SOL Just Reached a Critical Level — Is $100 in Sight?
Key Takeaways Solana has bounced back to a crucial price range, reigniting discussions about its potential to reach…
Ethereum 2029 Strawmap Guide: Ultra-Fast Consensus, Native Privacy, and the "Acceleration Variables" Brought by AI
Altcoin ETF Surge: SOL and XRP Inflows Total $23 Million as Institutions Diversify
Key Takeaways Institutional interest in altcoin ETFs is expanding, with SOL and XRP showing significant inflows on March…
Vitalik Drops Ethereum Endgame Bombshell: ETH USD to $3,000?
Key Takeaways Vitalik Buterin introduces the “Sanctuary Tech” manifesto to address Ethereum’s non-financial limitations. A current lack of…
Exclusive: Yuliya Barabash Predicts the Most Regulated Could Be the Biggest Crypto Winners
Key Takeaways The aftermath of FTX and Celsius collapses has ushered a new regulatory era, reshaping the crypto…
iPhone Crypto Wallets Under Threat from State-Grade Malware
Key Takeaways: The Coruna exploit kit exploits 23 iOS vulnerabilities, threatening iPhone users’ crypto wallets. Initially state-level surveillance,…
Bitcoin Nears Two-Year ‘Make-or-Break’ Resistance: Future Implications
Key Takeaways Bitcoin’s price is approaching key resistance levels around $73,000, observed for the first time since early…
App