'Samourai' Cryptomixer Founders Plead Guilty to Money Laundering

Founders and senior executives of the Samourai Wallet cryptocurrency mixing service pleaded guilty to operating an unlicensed money-transmitting business and laundering criminal proceeds. The report details two services—Whirlpool (a Bitcoin mixer) and Ricochet (transaction-hopping)—which together processed more than 80,000 BTC (valued at over $2 billion using contemporaneous rates) and are accused of enabling laundering of criminal proceeds, resulting in criminal charges and potential prison sentences and fines.