Samourai Wallet Developer Sentenced to 5 Years in Prison for Unlicensed Money Transmitting

A developer associated with the Samourai Wallet, a prominent cryptocurrency wallet known for its focus on privacy features, has been sentenced to five years in prison after being convicted for operating an unlicensed money transmitting business. The court found that the developer engaged in activities that violated financial regulations by facilitating the transfer of funds without the necessary legal licenses, leading to severe legal consequences for his actions. This case highlights ongoing regulatory scrutiny within the cryptocurrency industry and raises important questions about compliance and the legal frameworks governing digital assets. source: https://www.coindesk.com/policy/2025/11/06/samourai-wallet-developer-sentenced-to-5-years-in-prison-for-unlicensed-money-transmitting