A new filing shows FinCEN told prosecutors that Samourai Wallet was not a money transmitter. They charged its founders anyway—and kept that fact hidden for over a year.

SDNY withheld from Samourai Wallet defense attorneys that FinCEN had told them in prior communications Samourai is not an MSB.

🚨JUST IN Samourai Wallet developers Keonne Rodriguez and William Hill have notified the court of a change of plea – expected to plead guilty. Hearings scheduled for tomorrow 10:00 and 10.30 https://blossom.primal.net/624274466b2a5d6

14 months after being charged with conspiring to commit money laundering and conspiring to operate an unlicensed money transmitting business, the Samourai Wallet founders have pled guilty to the latter charge.

Is the Trump administration actually interested in defending crypto in the U.S.? Tornado Cash questions remain unanswered.