William Lonergan Hill's collateral was secured by assets worth $3 million. The co-founder of Samourai Wallet denies allegations by the US Department of Justice of money laundering through the organization of a financial criminal scheme. He faces up to 25 years in prison.
According to the Ministry of Justice, Samourai Wallet contributed to the "whitewashing" of over $100 million in cryptocurrencies from such darknet trading platforms as Silk Road and Hydra Market.
American law enforcement agencies confiscated Samourai Wallet servers in Iceland, closed the service's website, and Google issued a warrant to terminate the mobile application in the Google Play Store.
William Lottern Hill was extradited from Portugal, and now he is in the United States, where he insists on the right to travel abroad to his family. The hearing, chaired by Judge Sarah Netbern, is scheduled to begin July 9-10 in New York.
Earlier, Railgun co-founder Alan Scott said at the ETH Global conference in Sydney that his meetings with the leadership of the US Federal Bureau of Investigation (FBI) showed that officials had no intention of opposing the privacy of cryptocurrency owners.