Samourai Wallet Co-Founder Sentenced to 5 Years Prison for Illegal Bitcoin Money Transmitting

The co-founder of cryptocurrency mixing service Samourai Wallet has been sentenced to five years in prison for operating an unlicensed money transmitting business. The sentencing marks a significant enforcement action by US authorities against privacy-focused crypto services. The court found that Samourai Wallet facilitated over $2 billion in unlawful transactions and more than $100 million in money laundering proceeds. This case represents one of the most substantial prison sentences ever handed down to a cryptocurrency developer for financial crimes, signaling increased regulatory scrutiny on Bitcoin privacy tools and cryptocurrency mixing services.