Crypto mixer founders sent to prison for laundering over $237 million

Crypto mixer founders sent to prison for laundering over 7 million

The founders of the Samourai Wallet cryptomixer have been sentenced to prison for facilitating the laundering of over $237 million in illicit funds. The operation, which used features like Whirlpool and Ricochet to obfuscate transactions, was taken down with server seizures and app removal. #SamouraiWallet #BitcoinMoneyLaundering

Keypoints

  • The Samourai Wallet founders were sentenced to prison for running a major money laundering operation.
  • The service helped criminals launder over $237 million using features like Whirlpool and Ricochet.
  • The operation linked to illicit activities including drug trafficking, darknet markets, and cybercrime.
  • The founders pleaded guilty and forfeited criminal proceeds exceeding $237 million.
  • Authorities seized servers and removed the mobile app from app stores, disrupting the operation.

Read More: https://www.bleepingcomputer.com/news/security/samourai-cryptomixer-founders-sent-to-prison-for-laundering-over-237-million/