Bitcoin Fog mixer operator convicted for laundering $400 million
March 13, 2024 at 08:59AM Roman Sterlingov, a Russian-Swedish national, was convicted for operating Bitcoin Fog, a prominent cryptocurrency “tumbler” used by cybercriminals to launder illicit proceeds. The service allowed users to obfuscate the origin of their digital possessions, laundering approximately $400 million linked to various crimes. Sterlingov faces a maximum penalty of 20 years … Read more