Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
What's Hot

Michael Saylor Posts ‘Back to Work’ as Bitcoin Falls Below $63,000, Raising Eyebrows

2026-06-04

Satellogic participates in investor conferences in June

2026-06-04

Mastercard expands on-chain settlement with stablecoin betting and always-on financing

2026-06-04
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Mastercard expands on-chain settlement with stablecoin betting and always-on financing

    2026-06-04

    Cardano (ADA) founder Charles Hoskinson makes strong statements during a big decline

    2026-06-04

    Cardano (ADA) founder Charles Hoskinson makes strong statements during a big decline

    2026-06-04

    ampersend and TRM Labs launch real-time compliance screening for AI agents

    2026-06-04

    Securitize introduces the first onchain private credit fund on TRON

    2026-06-04
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Bank of England stablecoin caps may choke the UK’s pound-token market before launch

    2026-06-03

    Europe is actively trying to stop the takeover of the dollar stablecoin

    2026-06-01

    How a disputed $1 billion claim became a powerful weapon against prediction markets

    2026-05-31

    The US says it has captured Iran’s cryptocurrency with a $1 billion seizure

    2026-05-31

    Hyperliquid’s HYPE rally is bigger than a new all-time high

    2026-05-31
  • Analysis

    If the XRP price loses this current support, this is how low it will go

    2026-06-04

    Bitcoin’s selloff is creating the short-heavy setup that could quickly reverse this

    2026-06-04

    Wedbush’s Dan Ives sees 30% upside for ‘mispriced’ Mag 7 stock, says AI could reach monetization stage in coming months

    2026-06-04

    Ethereum price dips below $1,800, leaving the bulls on the ropes

    2026-06-04

    Rumor had it that Zcash stopped working

    2026-06-04
  • Learn

    Best Cryptos with Real-World Utility to Buy in 2026

    2026-06-04

    Williams %R Indicator in Crypto: How to Use %R in Crypto Trading

    2026-06-03

    What Is a Semi-Fungible Token? SFT Crypto Explained

    2026-06-02

    Pennant Chart Pattern in Crypto: How Bullish and Bearish Pennants Work

    2026-06-02

    Head and Shoulders Crypto Pattern: How It Works and How to Read It

    2026-06-01
  • Blog
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Samourai Wallet developer sentenced to 5 years and fined $250,000
Altcoins

Samourai Wallet developer sentenced to 5 years and fined $250,000

2025-11-07No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Thodex founder found dead in prison

Keonne Rodriguez, a 37-year-old developer of the Samourai Wallet, has been sentenced to five years in prison. Rodriguez was also fined $250,000 and is expected to forfeit $237 million related to illegal activities as part of the plea deal.

Notably, in July 2025, he pleaded guilty to one count of conspiracy for operating an unlicensed money transmission business through the Samourai Wallet. However, the prosecutor dropped the money laundering charges as part of the plea deal.

Furthermore, the Samourai Wallet allowed users to obfuscate Bitcoin transactions by using a similar scheme to Tornado Cash. The judge also imposed a three-year supervised release on the Samourai Wallet co-founder after he served his sentence.

What’s next for the co-founder of Samourai Wallet after the Clarity Act

Rodriguez’s case became complicated after he pleaded guilty earlier this year. With the judgment handed down by the judge, a possible legal provision may be invalid in a possible appeal case.

Notably, the Clarity Act, which aims to provide clarity to the broader crypto market, includes a clause guiding the development of open source web3. If the Clarity Act is passed with its current provisions, Web3 developers would not only be liable for publishing open source code, running blockchain nodes, and providing self-management software.

However, the ongoing US government shutdown has further pushed back the timelines for the Clarity Act. As such, Rodriguez may not be eligible for legal relief, especially since his 2015 indictment violated existing laws.

Nevertheless, Rodriguez could be called upon to push for a sentence reduction, which is independent of statutory relief. Moreover, lawyers suggested a prison sentence of 1 year and 1 day.

See also  How many years does SBF get? (40-50, according to the internet)

Trust CoinPedia:

CoinPedia has been providing accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict editorial guidelines based on EEAT (Experience, Expertise, Authoritativeness, Trustworthiness). Each article is fact-checked from reputable sources to ensure accuracy, transparency and reliability. Our review policy ensures unbiased evaluations when recommending exchanges, platforms or tools. We strive to provide timely updates on everything crypto and blockchain, from startups to industry majors.

Investment disclaimer:

All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making any investment decisions. Neither the writer nor the publication accepts responsibility for your financial choices.

Sponsored and Ads:

Sponsored content and affiliate links may appear on our site. Ads are clearly marked and our editorial content remains completely independent from our advertising partners.

Share this crypto insight with your network!

Source link

developer fined Samourai Sentenced Wallet Years
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin’s Big Wealth Transfer Could Fuel the Next Rally: CEO of CryptoQuant

2026-06-04

XRP Price Drops to Four-Month Low: Charts Indicate Signal Selling, On-Chain Data Turns Bearish

2026-06-04

Why it’s time to pay attention to Solana before it repeats itself in 2024

2026-06-04

Analyst points out stagnant logic used on XRP predicting when price will rise to $300

2026-06-04
Add A Comment

Comments are closed.

Top Posts

Coin98 integrates Conflux eSpace for enhanced crypto experience

2024-03-26

Ethereum recovers $ 2,500 in squeeze-driven rally

2025-06-27

Bitcoin’s price drop risk increases as bears aim for $85,000

2026-01-25
Editors Picks

Ethereum NFTs Trading Volume Down 90% From Peak, Data Shows

2023-08-02

Analyst Who Called Bitcoin Top Says Price Will Hit $200,000, But Should You Buy Now?

2026-04-04

Fed Decision Looms: Why Bitcoin Investors Are Playing It Safe

2025-10-30

OneKey works together with Conflux Network to expand the acceptance of Web3

2025-09-21

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Michael Saylor Posts ‘Back to Work’ as Bitcoin Falls Below $63,000, Raising Eyebrows

Satellogic participates in investor conferences in June

Mastercard expands on-chain settlement with stablecoin betting and always-on financing

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
© 2026 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.