• About
  • Contact Us
Friday, October 9, 2026
CryptoMode
No Result
View All Result
subscribe
  • News
  • Altcoins
  • Education
  • Press Releases
  • Featured
  • BusinessWire PR
  • News
  • Altcoins
  • Education
  • Press Releases
  • Featured
  • BusinessWire PR
No Result
View All Result
CryptoMode
Home News

Samourai Wallet Co-Founder Asks For Bitcoin Donations From Federal Prison

Robbie Kenllis by Robbie Kenllis
May 7, 2026
in News
0
Samourai Wallet Co-Founder Asks For Bitcoin Donations From Federal Prison

Keonne Rodriguez says mounting legal debt forced him to seek Bitcoin donations from prison.

Share on FacebookShare on Twitter
FXG FREE TRIAL

Keonne Rodriguez, serving a five-year sentence for operating an unlicensed money-transmitting business, says he and his wife owe more than $2 million in legal fees and have exhausted all options.

Samourai Wallet co-founder Keonne Rodriguez has published a public appeal from FPC Morgantown federal prison, asking Bitcoin holders to donate to a wallet address tied to his family’s mounting legal debt.

Rodriguez wrote on X that he and his wife Lauren owe more than $2 million in legal fees. 

They also face a $250,000 court-imposed fine following his guilty plea to operating an unlicensed money-transmitting business. 

In a post on May 6, he was blunt about the situation: “We are entirely out of options. 

We need to pay off these legal bills and other debts accrued attempting to defend myself. We desperately need your help. Now.”

Rodriguez said he is five months into a 60-month sentence at the West Virginia camp. 

He surrendered to federal custody in December 2025, having previously been released on a $1 million bond before sentencing.

How It Got Here

Samourai Wallet launched in 2015 as a non-custodial Bitcoin wallet built around transaction privacy. 

Its two flagship tools Whirlpool and Ricochet allowed users to mix transactions and add intermediary hops between sending and receiving addresses, making it substantially harder for monitoring entities to trace transfers.

From Whirlpool’s launch in 2019 and Ricochet’s in 2017, more than 80,000 Bitcoin valued at over $2 billion at contemporaneous exchange rates passed through the services. 

Samourai collected fees estimated at over $6 million in revenue.

The U.S. Department of Justice arrested Rodriguez and co-founder William Lonergan Hill in April 2024. 

They initially pleaded not guilty, but in July 2025 agreed to plead guilty to one charge of operating an illegal money transmitter. 

Prosecutors alleged the platform processed over $100 million in criminal proceeds from dark web markets, cyber intrusions, and fraud schemes.

Rodriguez was sentenced on November 6, 2025 to 60 months in federal prison. In addition to the prison term, the court fined him $250,000. Hill received a four-year sentence. 

The two also forfeited approximately $6.37 million in earned fees as part of a larger money judgment.

Pardon Hopes Have Faded

Hope for a presidential pardon briefly stirred during the Bitcoin 2026 conference. 

President Trump had said in late 2025 he would consider a pardon, but Rodriguez now calls those prospects “very low.”

In a December 2025 interview with Bitcoin educator Natalie Brunell, Rodriguez said he pleaded guilty after crunching the numbers and concluding a conviction at trial was likely. 

He has since written that “more builders in the space should be looking at what the government has done here, and really shoring up their defenses,” warning that other Bitcoin developers could be targeted next.

“I am simply a federal prisoner without money, power, or influence, and I will serve my full sentence,” he wrote in his May 6 appeal.

A Broader Debate Over Developer Liability

The case against Rodriguez and Hill, alongside the prosecution of Tornado Cash co-founder Roman Storm, has been closely watched by crypto advocates who argue developers should not be held responsible for how third parties use their software.

The Cato Institute argued the prosecution could have a chilling effect on “cryptocurrency defenders, human rights activists, privacy defenders, and software developers,” and noted it has already prompted Wasabi Wallet to block U.S. users.

The case continues to anchor debate over whether developers of non-custodial privacy software can face criminal liability for user activity. 

The original Samourai code still circulates through the Ashigaru fork.

READ ALSO

Plume nBND Vault Brings Fidelity Bond ETF Onchain

Bitcoin price stalls below $87,000 after soft jobs data

Disclaimer

This article is provided for information only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Tags: BitcoinSamourai Wallet

Related Posts

Plume nBND Vault Brings Fidelity Bond ETF Onchain
News

Plume nBND Vault Brings Fidelity Bond ETF Onchain

October 5, 2026
Bitcoin price stalls below ,000 after soft jobs data
News

Bitcoin price stalls below $87,000 after soft jobs data

October 5, 2026
NEAR Intents exploit: .8M loss, payback pledged
News

NEAR Intents exploit: $3.8M loss, payback pledged

October 1, 2026
Belarus registers first two crypto banks at High-Tech Park
News

Belarus registers first two crypto banks at High-Tech Park

September 28, 2026
Canadian banks explore tokenized deposits for the CAD
News

Canadian banks explore tokenized deposits for the CAD

September 24, 2026
Block Seeks OCC Charter for Bitcoin Custody Bank
News

Block Seeks OCC Charter for Bitcoin Custody Bank

September 10, 2026
Next Post
GoMining Launches GoBTC Pay to Bring Native Instant Payments to Bitcoin

GoMining Launches GoBTC Pay to Bring Native Instant Payments to Bitcoin

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

LATEST NEWS

Stablecoins Are Quietly Becoming Business Infrastructure, NOWPayments Data Shows

Stablecoins Are Quietly Becoming Business Infrastructure, NOWPayments Data Shows

October 8, 2026

NEWSLETTER

Subscribe to our mailing list to receives daily updates direct to your inbox!

This field is for validation purposes and should be left unchanged.

EDITOR'S PICK

New Generation of Crypto Miners Released by ASICID

New Generation of Crypto Miners Released by ASICID

October 6, 2026

About

The premier destination for cryptocurrency news and insights. Founded in April 2018, we stand as an independent news organization dedicated to delivering the most up-to-date and comprehensive crypto news from around the world.

Disclaimer

Content on CryptoMode is for educational purposes only and not investment advice. Conduct due diligence before making financial commitments. CryptoMode is not liable for any losses sustained by acting on information found on this platform.

Follow us

Categories

  • AI
  • Altcoins
  • Bitcoin
  • BusinessWire PR
  • Crypto
  • DeFi
  • Education
  • Learncrypto
  • News
  • Press Releases
  • Sponsored
  • Technology

Top DeFi Lending Platforms: Our 7 Best Picks

Top DeFi Lending Platforms: Our 7 Best Picks

Recent Posts

  • Stablecoins Are Quietly Becoming Business Infrastructure, NOWPayments Data Shows
  • New Generation of Crypto Miners Released by ASICID
  • AIBC World 2026 countdown begins ahead of Rome’s frontier technology summit
  • Changer+ Launches Stablecoin-First Self-Custodial Wallet to Make Stablecoins Easier to Use

Newsletter

This field is for validation purposes and should be left unchanged.
  • About
  • Contact Us
  • Privacy Policy
  • Terms & Conditions

© 2024 CryptoMode.com

No Result
View All Result
  • Latest Crypto News, Bitcoin & Blockchain Analysis
  • News
    • Blockchain Gaming
    • Business
    • Crypto
    • Analytics
  • Altcoins
  • Education
  • Press Releases
  • Featured
    • Infographics
    • Metrics
    • Top X
    • VS
  • BusinessWire PR

© 2024 CryptoMode.com

Receive the latest news

Subscribe To Our Mailing List

to receive daily updates direct to your inbox!

This field is for validation purposes and should be left unchanged.
This website uses cookies to customize your user experience and for advertising purposes.