The founders of Samourai Wallet, Keonne Rodriguez and William Lonergan Hill, are facing charges of money laundering conspiracy brought by federal prosecutors. This move aligns with the U.S. government’s ongoing efforts to prosecute tools in the crypto space used for mixing funds.
Moreover, they deem it a move by illicit entities and foreign actors aiming to conceal financial transfers. However, the Department of Justice (DoJ) has attracted backlash from pressing charges against Samourai Wallet founders. CryptoQuant CEO and founder Ki Young Ju advocated for Samourai Wallet and its founders.
CryptoQuant CEO Backs Samourai Wallet
In a post on X, the CryptoQuant CEO wrote, “The US DOJ has arrested pioneers in #Bitcoin privacy technology.” He noted that crypto mixing is not a crime by itself since it enhances privacy. Ju noted, “Privacy stands as a core value of Bitcoin. Mixing itself is not a crime. Even crypto exchanges use mixing to safeguard user privacy.”
Furthermore, Ju high
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