Founder of the privacy-focused Samourai Wallet is seeking a presidential pardon from Donald Trump after receiving lengthy prison sentences in a high-profile Bitcoin case. Why are Samourai Wallet founders asking Trump for a pardon? Following the example of Binance founder Changpeng Zhao, the two Samourai Wallet creators are appealing directly to Trump for clemency. On […]Founder of the privacy-focused Samourai Wallet is seeking a presidential pardon from Donald Trump after receiving lengthy prison sentences in a high-profile Bitcoin case. Why are Samourai Wallet founders asking Trump for a pardon? Following the example of Binance founder Changpeng Zhao, the two Samourai Wallet creators are appealing directly to Trump for clemency. On […]

Samourai Wallet founder seeks Trump pardon after prison sentences

For feedback or concerns regarding this content, please contact us at [email protected]
samourai wallet trump pardon

Founder of the privacy-focused Samourai Wallet is seeking a presidential pardon from Donald Trump after receiving lengthy prison sentences in a high-profile Bitcoin case.

Why are Samourai Wallet founders asking Trump for a pardon?

Following the example of Binance founder Changpeng Zhao, the two Samourai Wallet creators are appealing directly to Trump for clemency.

On Oct. 23, U.S. President Donald Trump granted a pardon to Zhao, who had pleaded guilty to violating the Bank Secrecy Act after U.S. authorities accused him of running an unregistered exchange and selling unregistered securities.

The pardon for Zhao, widely known as CZ, marked a dramatic reversal for the head of the world’s largest cryptocurrency exchange. Moreover, the move signaled that a potential future Trump administration could adopt a far more lenient stance toward digital asset regulation and enforcement.

What happened in the Samourai Wallet criminal case?

In July, Samourai Wallet founders Keonne Rodriguez and William Lonergan Hill pleaded guilty to conspiring to operate an unlicensed money-transmitting business. Prosecutors had initially brought more serious money-laundering charges, which were later dropped as part of the plea agreement.

According to the U.S. Department of Justice, users relied on Samourai’s privacy tools to hide the origin and destination of Bitcoin transactions. Authorities say the platform’s Whirlpool coin-mixing service, launched in 2019, and its Ricochet hop-adding tool, introduced in 2017, were key components in obscuring on-chain activity.

Prosecutors allege that more than 80,000 BTC — valued at over $2 billion — flowed through Samourai, generating about $6 million in fees for the service.

They further claim that Hill promoted Samourai on darknet forum Dread as a tool to “clean dirty BTC,” while Rodriguez allegedly encouraged Twitter hackers in 2020 to use Whirlpool and described Bitcoin mixing on WhatsApp as “money laundering for Bitcoin.”

What sentences did the Samourai founder receive?

On Nov. 19, U.S. District Judge Denise L. Cote sentenced Hill, 67, to four years in prison, followed by three years of supervised release and a $250,000 fine, according to the U.S. Attorney’s Office for the Southern District of New York. The ruling underscored how aggressively U.S. authorities are willing to prosecute privacy-focused crypto services.

Two weeks earlier, Rodriguez had received a five-year prison sentence and the same $250,000 financial penalty.

Many in the crypto community argue that his case poses a serious threat to open-source software development, as it tests where legal responsibility lies when developers build privacy tools later used by criminals.

Samourai Wallet itself was marketed as a privacy-first Bitcoin wallet designed to maximize user anonymity through coin mixing, Whirlpool, and advanced transaction obfuscation tools.

It branded itself as a “Bitcoin wallet for the streets,” emphasizing censorship resistance and protection from surveillance. However, in 2024, its founders were arrested and U.S. authorities seized the operation, alleging that the wallet facilitated large-scale money laundering.

How are Rodriguez and Hill campaigning for a Trump pardon?

Rodriguez has publicly urged Trump to issue a presidential pardon for both himself and co-founder Hill, framing the issue as part of a wider debate over crypto developer liability. The plea was shared on X on Nov. 20, as the two prepare to begin serving their sentences.

“In 30 days we will report to prison. Unless the President steps in,” the statement declared. Moreover, Rodriguez asked supporters to back a petition, writing that “it would mean a lot if you would sign this petition calling Donald Trump to pardon me and Bill,” and insisting that “developers shouldn’t be liable for the actions of bad actors using their software.”

According to Rodriguez, a newly launched website, billandkeonne.org, was created by supporters to raise awareness about the case. The site outlines the legal background, provides further context, and collects signatures for the petition. It also offers donation options to support the families of both developers while they serve their sentences.

How does CZ’s pardon bid shape expectations?

The Samourai founders’ strategy echoes that of Zhao, who has also sought clemency from Trump. On May 8, Zhao confirmed that he had formally requested a presidential pardon for his money-laundering conviction, reversing his previous denials and signaling a new phase in his legal and political approach.

Speaking on a Farokh Radio podcast aired May 6, Zhao said he “wouldn’t mind” a pardon and revealed that his lawyers had already filed the necessary paperwork. “I got lawyers applying,” he said, explaining that he submitted the request shortly after Bloomberg and The Wall Street Journal reported he was seeking one amid discussions of a business deal involving the Trump family and Binance.US.

At the time of those reports, Zhao publicly denied he was pursuing a pardon. However, he now admits that the coverage influenced his decision: “If they’re writing this article, I may as well just officially apply.”

He also said Trump’s earlier pardons of the BitMEX founders motivated him to act.

“No felon would mind a pardon,” Zhao remarked, reiterating his claim that he is “the only person in US history to serve prison time for a Bank Secrecy Act charge.” Zhao had pleaded guilty in November 2023 as part of Binance’s $4.3 billion settlement with U.S. authorities and went on to serve a four-month sentence.

While a successful pardon would not erase Zhao’s conviction, the U.S. Department of Justice says it could potentially allow him to hold an operational role at Binance.US again. Zhao, however, maintains that he has “no plans to return to the CEO position,” stressing that the exchange’s team “doesn’t need me back.”

What does Trump’s evolving crypto stance mean for future regulation?

Trump’s potential return to the White House has intensified interest from digital asset supporters, as he has shifted toward a more openly pro-crypto posture. That said, critics warn that case-by-case pardons could create uncertainty rather than clarity in crypto enforcement.

Trump’s second term has already been marked by concrete policy moves, most notably the passage of the Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025, known as the GENIUS Act.

On June 17, the U.S. Senate approved the law in a 68–30 vote, creating a federal regulatory framework for stablecoins, which are digital assets pegged to fiat currencies like the U.S. dollar.

Analysts say the GENIUS Act, together with Trump’s willingness to consider high-profile clemency requests, could reshape the balance between innovation, privacy, and enforcement in crypto. However, the outcome of the Samourai Wallet founders’ pardon bid — and Zhao’s own request — will serve as a critical test of how far this friendlier posture will extend.

In summary, the legal saga around Samourai Wallet, Zhao’s clemency push, and Trump’s shifting stance on digital assets highlight a pivotal moment for crypto regulation, open-source development, and the future of privacy tools in the United States.

Market Opportunity
Ambire Wallet Logo
Ambire Wallet Price(WALLET)
$0.01023
$0.01023$0.01023
+0.09%
USD
Ambire Wallet (WALLET) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

The post American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight appeared on BitcoinEthereumNews.com. Key Takeaways: American Bitcoin (ABTC) surged nearly 85% on its Nasdaq debut, briefly reaching a $5B valuation. The Trump family, alongside Hut 8 Mining, controls 98% of the newly merged crypto-mining entity. Eric Trump called Bitcoin “modern-day gold,” predicting it could reach $1 million per coin. American Bitcoin, a fast-rising crypto mining firm with strong political and institutional backing, has officially entered Wall Street. After merging with Gryphon Digital Mining, the company made its Nasdaq debut under the ticker ABTC, instantly drawing global attention to both its stock performance and its bold vision for Bitcoin’s future. Read More: Trump-Backed Crypto Firm Eyes Asia for Bold Bitcoin Expansion Nasdaq Debut: An Explosive First Day ABTC’s first day of trading proved as dramatic as expected. Shares surged almost 85% at the open, touching a peak of $14 before settling at lower levels by the close. That initial spike valued the company around $5 billion, positioning it as one of 2025’s most-watched listings. At the last session, ABTC has been trading at $7.28 per share, which is a small positive 2.97% per day. Although the price has decelerated since opening highs, analysts note that the company has been off to a strong start and early investor activity is a hard-to-find feat in a newly-launched crypto mining business. According to market watchers, the listing comes at a time of new momentum in the digital asset markets. With Bitcoin trading above $110,000 this quarter, American Bitcoin’s entry comes at a time when both institutional investors and retail traders are showing heightened interest in exposure to Bitcoin-linked equities. Ownership Structure: Trump Family and Hut 8 at the Helm Its management and ownership set up has increased the visibility of the company. The Trump family and the Canadian mining giant Hut 8 Mining jointly own 98 percent…
Share
BitcoinEthereumNews2025/09/18 01:33
U.S. Moves Grip on Crypto Regulation Intensifies

U.S. Moves Grip on Crypto Regulation Intensifies

The post U.S. Moves Grip on Crypto Regulation Intensifies appeared on BitcoinEthereumNews.com. The United States is contending with the intricacies of cryptocurrency regulation as newly enacted legislation stirs debate over centralized versus decentralized finance. The recent passage of the GENIUS Act under Bo Hines’ leadership is perceived to skew favor towards centralized entities, potentially disadvantaging decentralized innovations. Continue Reading:U.S. Moves Grip on Crypto Regulation Intensifies Source: https://en.bitcoinhaber.net/u-s-moves-grip-on-crypto-regulation-intensifies
Share
BitcoinEthereumNews2025/09/18 01:09
Evernorth’s $1B XRP Play Could Be the Blueprint for Corporate Adoption – Here’s Why

Evernorth’s $1B XRP Play Could Be the Blueprint for Corporate Adoption – Here’s Why

There’s been this massive development quietly sitting in an SEC filing that most people probably scrolled right past. Evernorth Holdings filed a Form S-4, and buried
Share
Captainaltcoin2026/03/21 05:00