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Bitcoin Fog Founder Sentenced to 12 Years for Cryptocurrency Money Laundering



November 09, 2024 at 11:12AM

The 36-year-old founder of the Bitcoin Fog cryptocurrency mixer has been sentenced to 12 years and six months in prison for facilitating money laundering activities between 2011 and 2021. Roman Sterlingov, a dual Russian-Swedish national, pleaded guilty to charges of money laundering and operating an unlicensed money-transmitting business earlier this March. The U.S. Department of Justice (DoJ)

from The Hacker News https://ift.tt/hKiCsSp

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