Founders of Cryptocurrency Mixing Service Arrested for Money Laundering Offenses

Rodriguez and Hill, founders of the cryptocurrency mixing service Samourai, have been arrested for operating an unlicensed money-transmitting business and facilitating large-scale money laundering activities. The service, operational since 2015, is accused of processing over $2 billion in transactions, a substantial portion of which were derived from criminal proceeds. Samourai, a mobile application that Rodriguez […]

The post Founders of Cryptocurrency Mixing Service Arrested for Money Laundering Offenses appeared first on Cyber Security News.

arrested business criminal cryptocurrency cyber security founders large laundering money money laundering operational rodriguez scale service transactions