Founder of Bitcoin Fog Found Guilty of Facilitating $860 Million in Bitcoin Laundering

Tuesday, 12 March 2024, 19:20

Roman Sterlingov, founder of Bitcoin Fog, convicted of money laundering by helping to launder over 1.2 million bitcoins valued around $860 million linked to darknet operations. The case highlights the legal crackdown on cryptocurrency-related crimes and the implications for digital asset users.
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Founder of Bitcoin Fog Found Guilty of Facilitating $860 Million in Bitcoin Laundering

Bitcoin Fog Founder Convicted of Money Laundering

Roman Sterlingov, the founder of long-running cryptocurrency mixer Bitcoin Fog, was convicted by a federal jury in Washington on Tuesday of facilitating the laundering of over 1.2 million bitcoins – worth about $860 million at today’s prices – tied to darknet marketplaces.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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