Samourai Wallet Founders Reverse Course, Will Plead Guilty in

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Crypto mixers

Rodriguez and Hill face up to 25 years in prison after prosecutors alleged they earned $4.5M in fees from Samourai Wallet while facilitating money laundering.

Crypto Reporter

Shalini Nagarajan

Crypto Reporter

Shalini Nagarajan

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Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

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Last updated:

July 30, 2025

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The founders of Bitcoin mixing platform Samourai Wallet will plead guilty in a landmark criminal case that has shaken privacy advocates and sent a chill through the crypto community.

Court documents filed Tuesday in the Southern District of New York show that CEO Keonne Rodriguez and chief technology officer William Lonergan Hill will change their pleas during a Wednesday morning hearing before Judge Denise Cote.

The pair had earlier pleaded not guilty in April 2024 to charges of running an unlicensed money-transmitting business and conspiracy to commit money laundering.

Indictment Links Wallet’s Mixing Tools to Silk Road and Other Crimes.

Prosecutors alleged Samourai processed more than $2b in unlawful transactions, including payments tied to the defunct Silk Road marketplace.

The Department of Justice claimed the wallet’s popular mixing services, Whirlpool and Ricochet, were actively marketed to criminals. According to the indictment, private messages revealed Hill describing a focus on the “black/grey circular economy.”

Bitcoin and other coin mixers blend transactions...

https://cryptonews.com/news/samourai-wallet-founders-plead-guilty-crypto-mixer-case/

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