Samourai Wallet Co-Founder Bill Hill Sentenced to 4 Years in Prison for Unlicensed Money Transmitting

William “Bill” Hill, 67, a co-founder of the Bitcoin mixer Samourai Wallet, was sentenced to four years in prison by a New York District Judge for conspiracy to operate an unlicensed money transmitting business. Prosecutors stated the tool was used to launder at least $237 million in criminal proceeds. The judge varied the sentence from the five-year maximum given to co-developer Keonne Rodriguez, citing mitigating factors including Hill's recent autism diagnosis and advanced age, which the defense argued explained his conduct and sensitivity to incarceration. Hill expressed remorse, admitting he was rationalizing his hubris, and was also sentenced to three years of supervised release served from Lisbon and a $250,000 fine, with credit for time served in Portugal.

(Source：CoinDesk)