Samourai Wallet Founders Flip to Guilty – Is Crypto Privacy Dead?

Summary: Why did the Samourai Wallet founders change their plea to guilty? The founders changed their plea after facing serious charges related to operating an unlicensed crypto mixing service linked to illegal transactions. Despite earlier efforts to dismiss the case, legal challenges and withheld guidance from prosecutors likely influenced their decision. This shows the increasing risks for developers of privacy tools under current regulations. William Lonergan Hill and Keonne Rodriguez, co-founders of privacy-focused Bitcoin wallet Samourai Wallet, have indicated they wish to enter a change of plea relating to charges tied to their crypto mixing service source: https://news.shib.io/2025/07/30/samourai-wallet-founders-flip-to-guilty-is-crypto-privacy-dead/