Samourai Wallet CTO Released on $2M Bail
🥷 William Lonergan Gill, #CTO of Samourai Wallet, has been released on $2 million bail after his extradition from #Portugal . His first hearing is scheduled for July 9 or 10 in #Newyork 💰
Despite government opposition, his lawyers argued he isn't a flight risk and that the charges are unprecedented.
👀 Gill, accused of aiding in laundering $100 million for #Cybercriminals , was released after paying $200,000 in cash and securing the rest with his family home. The case has sparked public debate, with senators criticizing the prosecution.
💲 The defense emphasized that peer-to-peer apps like Samourai Wallet aren't considered money transfer services and have been available legally for years.
