Proceeds will go to fund the development of Bitcoin layer-2 lightning startup Tirrel Corp.
Federal prosecutors charges Samurai Wallet founders Keonne Rodriguez and William Lonergan Hill with conspiracy to commit money laundering on Wednesday, as the U.S. government continues its approach to prosecuting crypto mixing tools that may be used by illicit actors and foreign governments to hide fund transfers.
Binance founder Changpeng Zhao pleaded guilty to anti-money laundering charges in November. The DOJ says he should get 3 years in prison.