Samourai Wallet Co-Founder Pleads Not Guilty to Money Laundering Charges

The co-founder of Samourai Wallet, Keonne Rodriguez, has pleaded not guilty to federal charges related to the creation of a tool that makes crypto transactions difficult to trace. Rodriguez faces charges of conspiracy to commit money laundering and conspiracy to operate an unlicensed money transmitting business, which carry a maximum prison sentence of 25 years. The arrests are part of a larger crackdown on privacy-focused technology and crypto mixers that are used to launder criminal proceeds.

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