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PANews
PANews|Nov 19, 2025 23:30
[Samourai Wallet Co-Founder William Lonergan Hill Sentenced to Four Years for Operating Mixing Service] According to The Block, Samourai Wallet co-founder William Lonergan Hill has been sentenced to four years in prison by the U.S. District Court for the Southern District of New York for assisting in laundering over $237 million. In addition, he was fined $250,000 and sentenced to three years of supervised release. He and CEO Keonne Rodriguez pleaded guilty in July, with the latter being sentenced to five years in prison on November 6. The two used services such as 'Whirlpool' and 'Ricochet' to obscure the origins of funds and actively promoted their mixing service on the dark web. Together, they paid a total of $6.3 million in fines.
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Timeline

Dec 18, 20:00Whale lost approximately ~$27.3M due to multi-signature private key leak
Dec 14, 18:05Do Kwon was sentenced to 15 years in prison for fraud.
Dec 11, 22:44Cryptocurrency founder Do Kwon sentenced to 15 years in prison
Dec 11, 14:29Jump Crypto transferred 393,900 H to ByBit
Dec 11, 00:27Paxful admits to criminal charges and will pay a $7.5 million fine
Dec 11, 00:11Paxful pleads guilty and is fined $7.5 million
Dec 10, 20:18The United States has stopped funding Ukraine, while Europe continues to provide funding.
Dec 10, 07:40The Indian government strengthens crypto enforcement capabilities
Dec 09, 00:44Do Kwon focuses on judicial risks in multiple countries before sentencing
Dec 05, 13:38Stablecoins have become the primary financial tools for drug and gold smuggling.

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