Samourai Wallet founders were both arrested on Monday after being charged with money laundering offenses by the DOJ.
Co-founders Keonne Rodriguez and William Lonergan Hill are charged with money laundering related to the privacy-protecting wallet.
The founders are charged with laundering over $100 million sourced from dark web markets, including the notorious Silk Road. This arrest highlights ongoing efforts to curb illegal activities facilitated through digital currencies.
Edward Snowden criticized the U.S. Department of Justice (DOJ) for targeting app developers aimed at restoring financial privacy, responding to the arrest of the founders and CEO of cryptocurrency mixing service Samourai Wallet on charges related to money laundering and operating without a license.
Samourai Wallet founders Keonne Rodriguez and William Lonergan Hill have been arrested by U.S. authorities for laundering over $100 million.
DOJ arrests Samourai Wallet's CEO and CTO on charges of money laundering and operating without a license, seizing over $2 billion in transactions. The post DOJ takes action against Samourai Wallet founders appeared first on Crypto Briefing.
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