Keonne Rodriguez and William Lonergan Hill, co-founders of the cryptocurrency mixing application Samourai Wallet, were sentenced for their involvement in laundering substantial illicit funds. Rodriguez, serving as CEO, was sentenced to five years on November 6, 2025, while Hill, the CTO, received a four-year sentence on November 19, 2025. Their criminal activities enabled the laundering of over $237 million, primarily from drug trafficking, cyber-intrusions, and other unlawful operations.
The Samourai Wallet operated using sophisticated technical mechanisms designed to obscure financial transactions from law enforcement. This included the use of ‘Whirlpool’ for scrambling blockchain records and ‘Ricochet’ to complicate transaction tracking. Hill promoted these services on darknet forums, while Rodriguez engaged with hackers on social media. This sentencing serves as a strong message about the legal repercussions for those facilitating financial crimes through innovative technologies, emphasizing the vigilant approach of law enforcement towards such illegal operations.
👉 Pročitaj original: Cyber Security News
