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ARTICLE · 20 NOVEMBER 2025

Samourai Wallet Co-Founder Sentenced

Ballard Spahr LLP
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On November 6, 2025. Keonne Rodriguez, the co-founder of the cryptocurrency mixer Samourai Wallet, was sentenced for to 60 months in federal prison for the crime of conspiring to operate an unlicensed money-transmitting...

United StatesCriminal Law
Kristen Larson
Kristen Larson
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On November 6, 2025. Keonne Rodriguez, the co-founder of the cryptocurrency mixer Samourai Wallet, was sentenced for to 60 months in federal prison for the crime of conspiring to operate an unlicensed money-transmitting business in violation of 18 U.S.C § 371. The two-count indictment, filed on February 14, 2024, alleged that Defendants Rodriguez and William Lonergan Hill developed, marketed, and operated a cryptocurrency mixing service know as Samourai Wallet, an unlicensed money transmitting business that earned millions of dollars by laundering over $100 million dollars of crime proceeds originating from illegal dark web markets.

Defendant Rodriquez pled guilty to Count II (Conspiracy to Operate a Money transmitting Business) on July 29, 2025. The next day, Defendant Hill plead guilty to Count II. The defendants both entered to preliminary orders of forfeiture and money judgment to forfeit $237,832,360.55 (representing the amount of property involved in Count II

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