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President Trump says he will consider XEM the CEO of anonymous Bitcoin wallet software Samourai. 🔸 The two co-founders of Samourai Wallet, CEO Keonne Rodriguez and CTO William Lonergan Hill, were sentenced by a US federal court in New York in November 2025 for operating an unlicensed money transfer business. Keonne Rodriguez received a 5-year prison sentence and William Lonergan Hill received a 4-year sentence, with mitigating circumstances due to age and an autism diagnosis. 🔸 They were NOT convicted of money laundering and were NOT directly involved in money laundering. Both pleaded guilty only to operating the wallet software in a plea agreement, thereby avoiding more serious money laundering charges that could have resulted in prison sentences of up to 20 years. 🔸 In addition to prison sentences, both were also placed on probation for 3 years, fined $250,000 each, and ordered to forfeit a total of over $6 million in fees collected by the Samurai. 🔸 Prosecutors allege that Samourai's security tools were used by criminals to conceal the source of over $237 million in illicit funds, black market transactions, and fraud. However, the sentence was based on a violation of operating licenses, not on direct money laundering.

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