Crypto-Mixing Founders Ran ‘Haven for Criminals,’ US Says
- Samourai Wallet co-founders charged in money-laundering scheme
- Europol has said crypto mixing services are a ‘top threat’
Crypto mixers are designed to obscure the origins and destinations of certain transactions.
Photographer: Samuel Corum/BloombergThis article is for subscribers only.
Two founders of the Samourai Wallet crypto-mixing service were charged by federal prosecutors with helping launder $100 million in crime proceeds.
Keonne Rodriguez and William Lonergan Hill were charged with a money laundering conspiracy and operating an unlicensed money transmitting business from 2015 through February 2024.