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CryptoIntelligence 2024-11-10 01:22:00

Bitcoin Fog Founder Sentenced to 12.5 Years in Prison in US

Roman Sterlingov, founder of the darknet’s first cryptocurrency mixer, “Bitcoin Fog,” has been sentenced to 12.5 years in prison as part of the U.S. government’s increasing crackdown on crypto mixers. The sentence falls short of the 20- to 30-year term prosecutors originally sought after Sterlingov’s March conviction. He was found guilty by a jury on charges of money laundering, conspiracy to launder money, operating an unlicensed money-transmitting business, and transmitting money without a license. The U.S. Department of Justice (DOJ) stated on Nov. 8 that Bitcoin Fog had gained notoriety as a “go-to money laundering service for criminals” during its

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