Wallet co-founders Keonne Rodriguez and William Lonergan Hill said they would like to seek off the charges that came from their involvement in the crypto mixing protocol.
Separate the filings on behalf of Rodriguez and Hill was made in a New York federal court on Tuesday, saying that the duo would change their requests in front of the court on Wednesday morning.
The pair please not guilty In charges on April 2024 for operation what is said to be prosecuting an unlicensed business sending Silk Road.
Samurai co-founders faced 25-year prison prison
Rodriguez, CEO of Samaurai, and Hill, the chief technology officer, was charged with conspiracy to make money laundering, carrying a maximum prison penalty of 20 years.
The pair is also charged with running an unlicensed business that sends money, bringing a sentence for five years, meaning they can deal with a maximum of up to 25 years behind the bars.
Judge Denise Cote has been scheduled to hear to discuss the change in requests for Wednesday morning. The document did not provide additional details on how the plea change could affect their sentences.
A test for the pair is set to start on November 3.
Samaurai’s co-founders tried to discard case
Change in requests came nearly four months after the pair tried to remove the case in early April, pointing to An April 7 Memo From the Deputy Attorney General Todd Blanche who said the Department of Justice would not pursue those behind crypto mixers due to “intolerance of violation of regulations.”
One month later, Samaurai’s lawyers said the federal prosecutors restrained advice That the company does not require a license to shipping six months before the founders will eventually be charged.
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Nor the attempt to replace the prosecutor’s case is effective.
Samaurai worked similarly to other crypto mixer protocols, taking funding from many users and mixing them to hide their origins.
Comes to the wishes that guilty in the middle of the trial at the Roman Storm
Another crypto mixer under the spotlight is Tornado Cash, with one of its creators, Roman storm, currently tried before a jury.
Storm supporters said that an undesirable outcome in the case may establish a preceding for criminalizing decentralized financial change while significant restrictions on privacy rights.
The storm was charged with conspiracy to make money violations and penalties in 2023. If convicted of all the number, the storm could face up to 45 years behind the bars.
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