Samourai Wallet Founders Arrested on Money Laundering Charges

The U.S. Department of Justice alleges the cryptocurrency mixing service facilitated over $100 million in illegal transactions.

Keonne Rodriguez and William Lonergan Hill, co-founders of Samourai Wallet, face charges of money laundering and operating an unlicensed money-transmitting business.
The DOJ claims Samourai Wallet processed over $2 billion in transactions, including funds from notorious dark web marketplaces like Silk Road and Hydra Market.
Rodriguez and Hill allegedly earned $4.5 million in fees from the operation of Samourai Wallet's mixing services.
U.S. authorities have seized Samourai's servers and the service is no longer available for download in the U.S.
Critics argue the crackdown on Samourai Wallet raises concerns about the future of privacy technologies in the cryptocurrency sector.