Samourai Wallet co-founders Keonne Rodriguez and William Lonergan Hill plan to plead guilty to charges related to their involvement in a crypto mixing protocol. Prosecutors allege they ran an unlicensed money-transmitting business processing over $2 billion in unlawful transactions, including those tied to Silk Road. They could face up to 25 years in prison.

Rodriguez and Hill were charged with conspiracy to commit money laundering, carrying a maximum 20-year sentence, and operating an unlicensed money-transmitting business, which carries a five-year sentence. The plea change could impact their sentences, with a trial scheduled for Nov. 3. They face up to 25 years in prison.

The Samourai co-founders tried to dismiss the case earlier this year, citing a memo from the Department of Justice and alleging prosecutors suppressed advice that the company didn’t need a money transmitting license. Their attempts to sway the case were ineffective. Samourai operated similarly to other crypto mixers, blending funds to hide their origins.

The guilty pleas from Samourai co-founders come as Roman Storm, creator of Tornado Cash, is being tried before a jury. Storm faces charges of money laundering conspiracy and sanctions violations, potentially leading to 45 years in prison if convicted on all counts. A negative outcome could set a precedent for criminalizing privacy tools.

Read more at Cointelegraph: Samourai Wallet Co-Founders To Change Not Guilty Plea