Samurai Wallet Founder's "Escape Preparation" Notes Exposed, Judge Denies Bail Request
The United States District Court for the Southern District of New York has rejected Samourai Wallet founder Keonne Rodriguez's request to modify his bail conditions. Prosecutors submitted Rodriguez's handwritten "escape preparation" notes as evidence, detailing travel plans and emergency supplies. Rodriguez's lawyer argued these were just general contingency plans, but prosecutors claimed they were an active escape plan.
Previously, Rodriguez and co-founder William Lonergan Hill were arrested in April for operating an unregistered money transmitting business, involving $2 billion in illegal transactions and $100 million in money laundering. Both founders' lawyers cited a letter from two senators in May, accusing the Justice Department of overinterpreting non-custodial cryptocurrency software services. (Decrypt)