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"Bitcoin Fog Founder Found Guilty in $400m Crypto Laundering Case"

1 min read
Source: CoinDesk
"Bitcoin Fog Founder Found Guilty in $400m Crypto Laundering Case"
Photo: CoinDesk
TL;DR

Roman Sterlingov, the founder of Bitcoin Fog, a cryptocurrency mixing service, has been convicted of money laundering for facilitating the laundering of over 1.2 million bitcoins worth about $860 million. He faces up to 20 years in prison and is the latest in a series of individuals associated with crypto mixing services to face legal consequences. Two other individuals tied to crypto mixing services testified against Sterlingov during his trial, and his sentencing is scheduled for July 15.

Topics:businesscryptocurrency-crime#bitcoin#cryptocurrency#cryptocurrency-crime#darknet#legal#money-laundering
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  1. Bitcoin Fog Founder Convicted of Money Laundering  CoinDesk
  2. Crypto 'Mixer' Convicted of Money Laundering on Bitcoin Fog  Bloomberg
  3. Bad blockchain forensics convict the user of a Bitcoin mixer — as its operator  Cointelegraph
  4. Crypto mixer creator found guilty, lawyer to appeal verdict  Blockworks
  5. Bitcoin Fog founder convicted in $400m crypto laundering case  crypto.news

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