Samourai Wallet founders plead guilty and face up to five years in prison

Odaily Planet Daily reports that William Hill and Keonne Rodriguez, the two founders of the Bitcoin mixing tool Samourai Wallet, have pleaded guilty to operating an unlicensed money transmission business and could face up to five years in prison. In exchange, the US Department of Justice dropped the more serious money laundering charges. Prosecutors allege the app was used to launder over $100 million. The case, set for November 6th, has sparked controversy over regulatory compliance for crypto privacy tools. (Decrypt)