Trump to ‘look into’ recently convicted Samurai Wallet co-founder

cointelegraphPubblicato 2025-12-16Pubblicato ultima volta 2025-12-16

Introduzione

US President Donald Trump has stated he will review the case of Keonne Rodriguez, the convicted co-founder of Samourai Wallet, suggesting a potential pardon. Rodriguez and co-founder William Lonergan Hill were sentenced to five and four years in prison, respectively, on charges related to operating an unlicensed money-transmitting business. Privacy advocates argue the case criminalizes open-source privacy tools. Rodriguez, set to begin his prison term, expressed hope for a pardon, citing Trump's own experiences with the DOJ. He believes a conventional appeal is unlikely after pleading guilty. Trump has previously pardoned high-profile crypto figures, including Binance's Changpeng Zhao and Silk Road's Ross Ulbricht.

US President Donald Trump says he will review the case of convicted Samourai Wallet developer Keonne Rodriguez, hinting he will explore the possibility of a pardon.

Samourai Wallet co-founders Rodriguez and William Lonergan Hill were sentenced on Nov. 19 to five and four years in prison on charges stemming from their involvement in the crypto mixing protocol.

“I’ve heard about it, I’ll look at it,” Trump said when asked about the case at a press conference about the Mexican border at the White House on Monday.

“Okay, let’s take a look at it. You know, you’ll have to tell me. I don’t know anything about it, but we’ll take a look,” he added.

US President Donald Trump has promised to review the case of Samurai Wallet developer Keonne Rodriguez. Source: YouTube

Privacy advocates and crypto users have long been advocating for Rodriguez and Hill, along with Tornado Cash co-founder Roman Storm, arguing they shouldn’t be held responsible for the actions of third parties using their software, because their convictions risk criminalizing open-source privacy tools and restricting privacy rights.

Samourai co-founder says “noise is working”

Rodriguez, who is due to start his time behind bars this week, said in an X post on Monday that the “continued noise” from supporters is working. “Thank you to everyone pushing Donald Trump to pardon Bill and me. Let’s get this over the line.”

In an interview with Bitcoin educator Natalie Brunell on Friday, Rodriguez said he thought there was a chance of receiving a pardon if the case were presented to Trump and the top officials in the administration.

“Because President Trump has been touched by a DOJ that was weaponized against him, I think when he sees the facts laid out on the table, he will know exactly what’s going on,” Rodriguez said.

Conventional appeal is unlikely

Rodriguez also said it’s his understanding he waived his right to appeal the sentence when he took the plea deal, adding that he’s not “100% on that, but my understanding is appeal is pretty unlikely.”

Rodriguez and Hill initially pleaded not guilty but then agreed to plead guilty to one charge of operating an illegal money transmitter in July.

They faced at least 25 years in prison on charges of conspiracy to commit money laundering, which carries a maximum prison sentence of 20 years, and operating an unlicensed money-transmitting business, which carries a sentence of up to five years.

Up until the sentencing hearing, Rodriguez said he regretted pleading guilty but feared the judge wouldn’t allow key evidence to be used in his defense, such as receiving legal advice before launching Samourai Wallet.

Related: After Samourai, DOJ’s money-transmitter theory now looms over crypto mixers

After crunching the numbers, he also found a “conviction means 25 years, even if you appeal, that you’re sitting in prison for five years waiting for your appeal, your appeal is going to cost you another $7 million on top of the four and a half million you’ve already spent to get to this point. So the numbers just didn’t make any sense.”

Trump pardoned Changpeng Zhao, Ross Ulbricht

Since taking office, Trump pardoned Binance founder Changpeng “CZ” Zhao in October, after he pleaded guilty in November 2023 to failing to maintain an effective Anti–Money Laundering program at Binance, in violation of the Bank Secrecy Act.

Ross Ulbricht, the founder of the defunct darknet marketplace the Silk Road, was also granted a presidential pardon on his life sentence in January.

Magazine: Do Kwon sentenced to 15 years, Bitcoin’s ‘choppy dance’: Hodler’s Digest, Dec. 7 – 13

Letture associate

Wall Street Unanimously Bullish: ASML's Capacity Surge, The 'Peak Theory' for Memory Can Be Put to Rest

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Wall Street Unanimously Bullish: ASML's Capacity Surge, The 'Peak Theory' for Memory Can Be Put to Rest

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The Invisible Crypto Empire of Japan's Financial Giant SBI

In a series of concentrated moves, Japanese financial conglomerate SBI Holdings is aggressively expanding its digital asset footprint. Over three weeks, it executed three major strategic investments: a 46.7 billion yen ($289 million) full acquisition of Japanese licensed exchange Bitbank, a $76 million lead investment in the institutional crypto platform EDX Markets' Series C round, and an exclusive $125 million investment in DeFi risk analytics firm Gauntlet. This was followed by a strategic partnership announced on July 13 with the Solana Foundation to build Japan's on-chain financial markets. SBI, a long-time crypto industry participant through joint ventures and minority stakes, has recently shifted to a lead investor role, signaling a more assertive strategy. These investments target three distinct segments: the retail market in Japan (via Bitbank), U.S. institutional infrastructure (via EDX), and on-chain asset management and risk control (via Gauntlet). Concurrently, SBI is solidifying its position in the stablecoin and settlement layer space. It launched Japan's first trust-structured yen stablecoin, JPYSC, and secured the exclusive distribution for Ripple's RLUSD stablecoin on its SBI VC Trade platform. The partnership with Solana aims to leverage the blockchain's scalability for tokenizing real-world assets (RWA) and building cross-border payment networks. Analysts interpret SBI's moves as building the essential "pipes" for a next-generation, end-to-end digital asset financial system, spanning issuance, settlement, infrastructure, and distribution. Some view the timing—during a market downturn—as a strategic long-term play to acquire assets at lower valuations ahead of anticipated regulatory shifts in Japan. SBI's stated goal is a comprehensive on-chain transformation, providing a full suite of services from exchange to tokenization. By leading investments rather than fully acquiring companies like EDX and Gauntlet, SBI aims to secure a pivotal strategic position while preserving their neutrality to collaborate with other global financial giants.

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The Invisible Crypto Empire of Japan's Financial Giant SBI

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