Samourai Wallet Co-Founder Keonne Rodriguez Pleads Not Guilty, Released on $1M Bond

"Rodriguez will remain on house arrest in Pennsylvania until his trial," reports CoinDesk.

Samourai Wallet Co-Founder Keonne Rodriguez Pleads Not Guilty, Released on $1M Bond
  • Samourai Wallet co-founder Keonne Rodriguez pleaded not guilty to two criminal charges tied to creating and marketing the privacy-focused bitcoin wallet and coinjoin tools in a Manhattan courtroom on Monday.
  • Rodriguez was initially arrested at approximately 6 a.m. at his home in Harmony, Pennsylvania, on April 24. A Pennsylvania judge subsequently released him on a $25,000 bond and ordered him to appear before a magistrate judge in the Southern District of New York (SDNY) on Monday morning.
  • Today, the judge agreed to release Rodriguez on a $1 million bond, accepting the conditions outlined in a bail package that both federal prosecutors and Rodriguez's lawyers had agreed upon. Other than traveling to and from court proceedings, he will remain at home and will be monitored by location tracking technology.
  • Rodriguez’s next hearing will be in Manhattan on May 14 at 2 p.m. in front of District Judge Richard Berman.

CoinDesk Article / Archive