A few words from Trump could change years behind bars.
The recently convicted Samourai Wallet co-founder’s case will be reviewed by US President Donald Trump, which has given the cryptocurrency and privacy sectors new hope.
“I’ve heard about it,” Trump said in response to a query on Keonne Rodriguez, a co-founder of Samourai Wallet, during a news conference on Monday at the White House.
I’ll examine it. He continued by saying that his team would “take a look” at the matter even though he was not yet familiar with the specifics.
On November 19, Rodriguez and fellow co-founder William Lonergan Hill received prison terms of five and four years, respectively.
Their involvement in running Samourai Wallet, a Bitcoin privacy tool sometimes referred to as a crypto mixing service, were connected to the allegations.
Supporters say that developers should not be held liable for how other parties utilise their open-source software. The lawsuit may create a risky precedent for companies creating financial privacy solutions, according to privacy activists.
In a post on X, Rodriguez, who is scheduled to start serving his sentence this week, stated that public support is having an effect.
He expressed gratitude to people pushing for Trump to think about a pardon, saying that the increased focus is “working”.
After accepting a plea deal, the two founders admitted to one count of running an unauthorised money-transmitting business after first entering a not guilty plea.
They were able to avoid far worse punishments, such as terms of up to 25 years, thanks to this ruling. Trump’s remarks came amid a bigger discussion in the United States about cryptocurrency legislation and developer accountability.
Trump has already spoken with prominent figures in the cryptocurrency industry since taking office, such as Ross Ulbricht, the creator of Silk Road, and Changpeng Zhao, the founder of Binance.
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