The founders of the Samourai Wallet (Samourai) cryptocurrency mixer have pleaded guilty to laundering over $200 million for criminals.

Samourai CEO Keonne Rodriguez and CTO William Lonergan Hill admitted to their involvement in the Samourai money laundering operation, pleading guilty to conspiracy for operating a money transmitting business that handled criminal proceeds, and are now facing a maximum sentence of five years in prison.

As part of their plea agreements, Rodriguez and Hill have also agreed to forfeit $237,832,360.55.

The two defendants were arrested in April 2024 and charged by the U.S. Department of Justice with two counts of conspiracy: operating an unlicensed money-transmitting business (with a maximum sentence of 5 years) and money laundering (with a maximum sentenc

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