Samourai Wallet founders plead guilty to unlicensed money transmission; DOJ drops laundering, conspiracy charges

The developers behind Samourai Wallet pleaded guilty to a single count of conspiracy to operate an unlicensed money‑transmitting business. The plea deal secures dismissal of the parallel money laun...

By · · 1 min read
Samourai Wallet founders plead guilty to unlicensed money transmission; DOJ drops laundering, conspiracy charges

Source: CryptoSlate

The developers behind Samourai Wallet pleaded guilty to a single count of conspiracy to operate an unlicensed money‑transmitting business. The plea deal secures dismissal of the parallel money laundering conspiracy charge and caps potential prison time at five years. It also includes $237 million in forfeiture and a $400,000 fine. As journalist Matthew Russell Lee […]