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Judge Hands Samourai Wallet Co-Founder 4-Year Term, $250,000 Fine

Key Takeaways

  • ​William Hill, co-founder of Samourai Wallet, was sentenced to 4 years in prison and fined $250,000 for running an unlicensed crypto service;
  • Hill and partner Keonne Rodriguez pleaded guilty in July; prosecutors dropped money-laundering charges in exchange for their plea;
  • Authorities say Samourai’s tools, "Whirlpool" and "Ricochet", helped mask over $2 billion in Bitcoin transactions.

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Judge Hands Samourai Wallet Co-Founder 4-Year Term, $250,000 Fine

A federal judge in New York has sentenced William Lonergan Hill, co-founder and chief technology officer of Samourai Wallet, to four years in prison.

Judge Denise L. Cote delivered the sentence to Hill on November 19, along with three years of supervised release and a $250,000 fine, according to the US Attorney’s Office for the Southern District of New York.

The ruling comes two weeks after Hill’s business partner, Keonne Rodriguez, received a five-year sentence and a similar fine.

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Both Hill and Rodriguez pleaded guilty in July to conspiring to run an unlicensed money transmission business. In exchange, prosecutors dropped money-laundering charges.

Authorities said users of Samourai Wallet used its privacy features, "Whirlpool", launched in 2019, and "Ricochet", introduced in 2017, to hide Bitcoin transactions. According to prosecutors, over 80,000 Bitcoin BTC $90,513.80 , valued at over $2 billion, were moved through these services.

Investigators also said Hill promoted Samourai Wallet on the darknet forum Dread as a way to "clean dirty BTC".

Hill’s lawyer argued that his client’s recent autism diagnosis affected his ability to make sound decisions. The attorney described his thinking as influenced by the belief that developing non-custodial tools would protect him from legal risk.

Judge Cote accepted that prison would be difficult for Hill but said that such actions still required deterrence. She reduced the sentence from the 60 months requested by prosecutors to 48 months.

Hill is expected to begin serving his sentence on January 2, 2026.

Recently, Travis Ford, an Oklahoma man, was sentenced to five years in prison for leading a cryptocurrency investment scam. How did the case unfold? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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