News View Non-AMP

Samourai Wallet Developer Sentenced to 5 Years and Fined $250k; Can He Appeal After Clarity Act?

Published by
Steve Muchoki

Keonne Rodriguez, a 37-year-old developer of the Samourai Wallet, has been sentenced to five years in prison. Rodriguez was also fined $250,000 and is expected to forfeit $237 million tied to illegal activities as part of the plea deal.

Notably, he pleaded guilty in July 2025 to a conspiracy count for operating an unlicensed money-transmitting business through the Samourai Wallet. The prosecutor, however, dropped the money laundering charges as part of the plea deal. 

Furthermore, the Samourai Wallet allowed users to obscure Bitcoin transactions through mixing in a similar scheme to Tornado Cash. The judge also imposed a 3-year supervised release for the Samourai Wallet co-founder after serving his time.

What Next for the Samourai Wallet Co-founder after the Clarity Act

Rodriguez’s case was complicated after he pleaded guilty earlier this year. With the sentence issued by the Judge, a potential legislative relief may be void in a potential appeal case.

Notably, the Clarity Act, which seeks to give the wider crypto market clarity, has a clause that guides open-source web3 development. If the Clarity Act is passed with its current provisions, web3 developers cannot be held liable solely for publishing open-source code, running blockchain nodes, and providing self-custodial software.

However, the ongoing U.S. government shutdown has pushed further the timelines for the Clarity Act. As such, Rodriguez may not be eligible for legislative relief, especially since his charge dated back in 2015 violated existing laws.

Nevertheless, Rodriguez could seek an appeal to push for a sentence reduction, which is independent of legislative relief. Moreover, his lawyers suggested a sentence of 1 year and 1 day in prison.

Steve Muchoki

Steve is a crypto news writer with a passion for decoding market moves. He blends breaking blockchain news with sharp technical analysis and bold price predictions. From Bitcoin rallies to altcoin breakouts, Steve breaks it all down with clarity and insight. Whether you're a trader or just curious, his analysis keeps you ahead of the curve.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Recent Posts

Morgan Stanley and Citigroup Expects At Least 50Bps Fed Rate Cuts In 2026

The Federal Reserve is expected to continue with its interest rate cut in 2026, amid…

January 10, 2026

Ethereum Nears Breakout as $1 Billion in Liquidations Build — What’s Next for ETH Price?

Crypto markets entered the week expecting heightened volatility ahead of key macro triggers, including U.S.…

January 10, 2026

Bitcoin, Ethereum and XRP Prices Rise After US Supreme Court Delays Trump Tariff Ruling

Bitcoin, Ethereum and XRP prices moved higher on Thursday after the US Supreme Court delayed…

January 9, 2026

Ethereum Faces Rising Accumulation Cost Around $2.7K–$2.8K: Will Long-Term Buyers Push ETH Price?

Ethereum’s accumulation cost has increased and LTHs are concentrated around $2.7K–$2.8K price range. This is…

January 9, 2026

Could Charles Hoskinson’s Exit From Social Media Affect Cardano ADA’s Price?

Cardano founder Charles Hoskinson said he is stepping away from social media, raising questions among…

January 9, 2026

Bitcoin Price Drops, Yet Long-Term Holders Aren’t Selling—Here’s Why

Bitcoin’s price has slipped from recent highs, breaking below key short-term levels and triggering renewed…

January 9, 2026