Overview

• In-person hearings are scheduled for July 30 in the U.S. District Court for the Southern District of New York where Keonne Rodriguez and William Lonergan Hill will formally enter guilty pleas
• They face one count each of conspiracy to commit money laundering and conspiracy to operate an unlicensed money transmitting business, penalties that carry up to 25 years in prison
• Justice Department filings allege the Samourai Wallet bitcoin mixer obscured more than $100 million in illicit transactions by hackers and other cybercriminals
• The guilty pleas come as the trial of Tornado Cash co-founder Roman Storm enters its closing phase, highlighting a broader crackdown on privacy-focused mixing tools
• Sentencing dates remain unscheduled after the founders’ earlier motions invoked a DOJ policy memo and FinCEN’s private assessment that Samourai did not qualify as a money transmitter