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Trump Will Review Pardon for Samourai Wallet Co-Founder Keonne Rodriguez

The Samourai Wallet co-founder is due to report to prison Friday on a five-year term for operating an unlicensed money-transmitting business.

Overview

  • Trump acknowledged the case during an Oval Office exchange and said he would look at a potential pardon for Rodriguez.
  • Rodriguez and fellow co-founder William “Bill” Hill pleaded guilty this year to operating an unlicensed money-transmitting business; Hill received a four-year sentence.
  • The Justice Department alleged Samourai’s tools processed over $2 billion in unlawful transactions and more than $100 million from criminal sources, though only the money-transmission charge led to conviction.
  • The prosecution continued under the Trump DOJ despite internal guidance earlier this year to scale back cases targeting crypto privacy software developers.
  • Privacy advocates and crypto policy groups say the case has chilled development of privacy-preserving tools in the United States.