Crypto-Mixing Service Founders Charged in Money-Laundering Case – Bloomberg

Two founders of the Samourai Wallet crypto-mixing service were charged by federal prosecutors with helping launder $100 million in crime proceeds.

Keonne Rodriguez and William Lonergan Hill were charged with a money laundering conspiracy and operating an unlicensed money transmitting business from 2015 through February 2024.

During that time, Samourai was used to process $2 billion in anonymous financial transactions, providing a “haven for criminals to engage in large-scale money laundering and sanctions evasion,” US prosecutors said in an indictment unsealed Wednesday in Manhattan.

Source: Crypto-Mixing Service Founders Charged in Money-Laundering Case – Bloomberg