News Explorer — Samourai Wallet Founders Plead Guilty to Running Unlicensed Money Transmitter, Face 5 Years in Prison

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Jul 30, 10:31 pm

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Samourai Wallet Founders Plead Guilty to Running Unlicensed Money Transmitter, Face 5 Years in Prison

The founders of Samourai Wallet pleaded guilty to operating an unlicensed money transmitter, facing up to five years in prison. The U.S. Department of Justice dropped a money laundering charge, opting for the lesser sentence.

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