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November 9, 2024

Crypto mixer Bitcoin Fog founder faces 12.5 years for $400M laundering scheme

The operator of the crypto mixing tool Bitcoin Fog, Roman Sterlingov, has been sentenced to 12 and a half years for laundering $400 million in crypto for criminals. The sentencing follows a jury trial in March that found Sterlingov guilty of multiple charges, including money laundering and operating an unregistered money-transmitting business.

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