Crypto Mixer Jailed For 12.5 Years After $400M Money Laundering Conviction
The founder of a crypto mixing platform will end up in a US prison cell and will call it home for 12.5 years after a federal court ruled that the crypto firm owner was guilty of money laundering.
The sentence serves as a reminder that the US government is serious about cracking down on cryptocurrency platforms that are being used by unscrupulous individuals in their illegal activities.
Crypto Mixer Founder Jail-Bound
A Washington federal court sentenced the founder of the cryptocurrency mixing service Bitcoin Fog to be put behind bars and stay in a state prison for 12.5 years for facilitating money laundering on his platform.
Reports have disclosed that US District Judge Randolph Moss convicted Bitcoin Fog founder Roman…
