Samourai Wallet CEO Speaks Out Before Reporting to Prison for Money-Transmission Case
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- Samourai Wallet CEO Keonne Rodriguez discussed his conviction before reporting to prison.
- His sentence includes five years in prison, three years of supervised release, and a $250,000 fine.
- The case tests how far U.S. authorities can apply money-transmission laws to non-custodial privacy tools.
Samourai Wallet CEO Keonne Rodriguez warned that U.S. enforcement actions may reshape how Bitcoin privacy tools are treated under federal law.
He spoke about his case in a Coin Stories interview before reporting for a five-year prison sentence tied to an unlicensed money-transmission conspiracy charge.
Test for Non-Custodial Bitcoin Tools
Rodriguez and his co-founder developed Samourai Wallet in 2015 as a Bitcoin wallet that lets users keep control of their funds. Its privacy feature, Whirlpool, aimed to break transaction links on the public blockchain.
The tool u…
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Samourai Wallet CEO Speaks Out Before Reporting to Prison for Money-Transmission Case
Share:
- Samourai Wallet CEO Keonne Rodriguez discussed his conviction before reporting to prison.
- His sentence includes five years in prison, three years of supervised release, and a $250,000 fine.
- The case tests how far U.S. authorities can apply money-transmission laws to non-custodial privacy tools.
Samourai Wallet CEO Keonne Rodriguez warned that U.S. enforcement actions may reshape how Bitcoin privacy tools are treated under federal law.
He spoke about his case in a Coin Stories interview before reporting for a five-year prison sentence tied to an unlicensed money-transmission conspiracy charge.
Test for Non-Custodial Bitcoin Tools
Rodriguez and his co-founder developed Samourai Wallet in 2015 as a Bitcoin wallet that lets users keep control of their funds. Its privacy feature, Whirlpool, aimed to break transaction links on the public blockchain.
The tool u…
Read The Full Article Samourai Wallet CEO Speaks Out Before Reporting to Prison for Money-Transmission Case On Coin Edition.
In This News
Coins
$ 90.20K
+0.39%Share:
In This News
Coins
$ 90.20K
+0.39%Share:
Read More
Hollywood Director Convicted of $11 Million Netflix Fraud, Spent Cash on Crypto and Rolls-Royces