2 founders of a crypto mixer charged with laundering funds from the dark web

Original Article:

Source: Link

The cofounders of crypto mixer Samourai Wallet were charged with money laundering. The service anonymized hundreds of millions of dollars for dark web criminals, prosecutors said. Samourai's cofounders invited the laundering, prosecutors allege. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time. Advertisement The cofounders of a cryptocurrency mixing service called Samourai Wallet — which rendered crypto transactions anonymous — have been arrested and charged with money laundering, according to an indictment unsealed Wednesday. Prosecutors for the Southern District of New York claimed the crypto mixer made $2 billion worth of transactions untraceable, and that its founders — Keonne Rodriguez and William Lonergan Hill — knew criminals were using the service to launder funds. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in .