Samurai Wallet Developer Keonne Rodriguez Receives Maximum Sentence For Crypto Crime
Samourai Wallet developer Keonne Rodriguez acquired the utmost sentence of 5 years in jail for his position within the digital asset scheme on Thursday.
Keonne Rodriguez Receives Five-Year Sentence
According to Inner City Press reporter Matthew Russell Lee, Southern District of New York Judge Denise Cote slapped Rodriguez with 60 months in federal prison adopted by three years of supervised launch.
Per Inner City Press, the Bitcoin wallet developer has additionally been ordered to pay $250,000, equal to twenty% of his gross month-to-month revenue.
Rodriguez shall be allowed to remain out on bail till his jail give up date on December 19.
“I’m sorry and can by no means break the legislation once more,” the media outlet quotes Rodriguez as saying.
Samourai Wallet Developers Face The Music
News of Rodriguez’s sentencing comes just months after he and fellow Samourai Wallet developer William Lonergan Hill pleaded responsible to at least one rely of conspiracy to function a cash transmitting enterprise.
Federal prosecutors alleged that the crypto app builders successfully transmitted crime proceeds from phishing schemes and darkish net markets so as to defraud a number of DeFi protocols, per an August 2025 press release from the U.S. Attorney’s Office.
In whole, Hill and Lonergan pled responsible to launching the Bitcoin pockets, which the U.S. authorities says washed greater than $200 million in illicit transactions.
The Bitcoin pockets builders in the end agreed to forfeit over a whopping $237 million as a part of their responsible plea.
“Keonne Rodriguez and William Hill’s responsible pleas show their cryptocurrency mixing service–Samourai Wallet–was designed to hide legal monetary transactions and launder hundreds of thousands of {dollars} of soiled cash,” stated FBI Assistant Director in Charge Christopher G. Raia.
“The FBI is dedicated to bringing to justice anybody who makes use of technological innovation to facilitate illicit exercise,” he added.
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