Samourai Wallet Founders Arrested and Charged With Money Laundering

Article

Name

Samourai Wallet Founders Arrested and Charged With Money Laundering

Description

Article by Coindesk on the arrest of Samourai wallet founders

Types

Authors

Publish date

04

Month

/

24

Day

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2024

Year

12

:

00

am

Publisher

Web URL

https://www.coindesk.com/policy/2024/04/24/samourai-wallet-founders-arrested-and-charged-with-money-laundering/

Referenced by

Samourai wallet founders arrested and charged with money laundering

Crypto

According to a press release issued Wednesday, the pair developed, marketed and operated the mixer, which "facilitated more than $100 million in money laundering transactions from illegal dark web markets."

Crypto

The pair are charged with conspiracy to commit money laundering and conspiracy to operate an unlicensed money transmitting business. The charges carry a maximum sentence of 20 years and five years, respectively.

Crypto