Samourai Wallet Co-Founder Sentenced for Money Laundering Involvement

According to BlockBeats, William Lonergan Hill, co-founder of the cryptocurrency mixer Samourai Wallet, has been sentenced to four years in prison by the U.S. District Court in Manhattan. Hill was found guilty of assisting in laundering over $200 million and participating in illegal dark web transactions. The sentencing took place on Wednesday, highlighting the ongoing legal actions against individuals involved in cryptocurrency-related crimes.