Founder of cryptocurrency mixing service Bitcoin Fog found guilty of money laundering
The founder of the cryptocurrency mixing service Bitcoin Fog was convicted in a federal court in Washington for laundering tens of millions of dollars for dark web markets known for selling illegal drugs. On Tuesday, a jury made the verdict that 35-year-old Roman Sterlingov's mixing service made it more difficult to trace the source of illegal activity profits. The government claims that Bitcoin Fog processed over $400 million in untraceable transactions, some of which came from illegal markets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Optimism Plans Ethereum Pectra Upgrade for April 2025

XRP Faces Potential Price Collapse Amid Bearish Indicators

World Liberty Financial Completes $550 Million Token Sale

Ethereum’s ETH/BTC Pair Faces Potential Downturn Amid Weak Market Signals for 2025
Trending news
MoreCrypto prices
More








