New York Prosecutors Consider Dropping Lawsuit Against Samourai Wallet Founders

Source
JH Kim

Summary

  • New York prosecutors are reportedly considering dropping the lawsuit against Samourai Wallet.
  • The U.S. Department of Justice had filed a lawsuit against the Samourai Wallet founders for illegal transactions and laundering charges.
  • The lawsuit is related to laundering over $100 million in criminal proceeds.

According to CoinDesk, a cryptocurrency-focused media outlet, New York prosecutors are considering dropping the lawsuit against the cryptocurrency wallet app Samourai Wallet.

Previously, the U.S. Department of Justice had filed a lawsuit against Samourai Wallet co-founders Keonne Rodriguez and William Lonergan Hill for illegal transactions and laundering over $100 million in criminal proceeds.

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JH Kim

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