Criminal crypto launderer gets 12.5 years in prison • The Register
The operator of the longest-running money laundering machine in dark web history, Bitcoin Fog, has been sentenced to 12 years and six months in US prison.
Roman Sterlingov, 36, a Russian-Swedish national, was also ordered to repay more than half a billion dollars accrued from the cryptocurrency mixing service that he ran for a decade between 2011 and 2021.
Bitcoin Fog was assessed to have processed 1.2 million Bitcoin during that time, worth roughly $400 million at the time it was shuttered. Of this, Sterlingov was ordered to repay $395,563,025.39 in restitution, forfeit roughly $1.76 million in seized assets, and relinquish control of Bitcoin Fog’s wallet containing more than $100 million in Bitcoin.
