Samourai Wallet Co-Founder Receives 4-Year Prison Sentence for Illegal Crypto Money Transmitting

Samourai Wallet co-founder Bill Hill has been sentenced to 4 years in federal prison for operating an unlicensed money transmitting business. The cryptocurrency mixing service facilitated over $2 billion in anonymous Bitcoin transactions, drawing regulatory scrutiny. This landmark case signals increased enforcement against privacy-focused crypto tools and unregistered financial services in the digital asset space.