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Techub News, according to NewsBTC, Samourai Wallet co-founder Keonne Rodriguez has issued a plea for help from a federal prison, asking the Bitcoin community to donate funds to cover over $2 million in legal debts. Rodriguez is currently serving his sentence at the Federal Prison Camp in Morgantown, West Virginia, and the donation address he provided has received approximately $65,000. Rodriguez was arrested in April 2024, pleaded guilty in July 2025 to conspiracy to operate an unlicensed money transmission business, and was sentenced to 60 months in prison in November of the same year. His co-founder was sentenced to 4 years, and both were ordered to forfeit $6.37 million in fees. Rodriguez still needs to pay a $250,000 court fine, and hopes for a presidential pardon have been dashed.
Techub News, according to Bloomberg, a U.S. federal court in New York sentenced Samourai Wallet co-founder Keonne Rodriguez to five years in prison for conspiracy to operate an unlicensed money transfer business. He had previously reached a plea agreement with prosecutors and agreed, together with the other co-founder, to forfeit $237 million in assets and pay a $400,000 fine.
Techub News reports, according to The Block, Patrick Witt, Executive Director of the White House Digital Assets Advisory Committee, stated that he has received confirmation from the U.S. Department of Justice that the digital assets seized in the Samourai Wallet case have not been liquidated and will not be liquidated subsequently. This statement addresses previous rumors that the U.S. Marshals Service had disposed of the batch of Bitcoin. Witt pointed out that, in accordance with Executive Order 14233, Bitcoin obtained through criminal or civil forfeiture and incorporated into reserves cannot be sold and will remain on the U.S. government's balance sheet as part of the strategic Bitcoin reserve.
Techub News reported, according to Bitcoin Magazine, the U.S. Department of Justice had instructed the U.S. Marshals Service to improperly sell 57.55 bitcoins, valued at approximately $6.367 million, which were surrendered as part of the Samourai Wallet developers' plea agreement, via Coinbase Prime on November 3, 2025. The related address balance currently shows 0, indicating the assets may have been liquidated. This action conflicts with Executive Order No. 14233 (EO 14233) signed by Trump on March 6, 2025, which established a "Strategic Bitcoin Reserve" and required that relevant confiscated bitcoins be added to the reserve and not sold.
Techub News, according to Decrypt, the U.S. Attorney's Office for the Southern District of New York stated in a sentencing memorandum that Samourai Wallet founders Keonne Rodriguez and William Lonergan Hill solicited criminal users on the dark web and described coin mixing as "Bitcoin money laundering." Both have pleaded guilty to "operating an unlicensed money transmitting business that involved criminal funds," and prosecutors are seeking a maximum sentence of 5 years in prison under 18 U.S.C. §371. Authorities said the service laundered at least $237 million from 2015 to 2024, with the two collecting fees of approximately 246.3 BTC (currently valued at about $269 million). Rodriguez will be sentenced on November 6, and Hill will be sentenced the following day.
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