Bitcoin Fog Founder Sentenced to 12.5 Years for Money Laundering

Roman Sterlingov, a dual Russian-Swedish national, was sentenced to over 12 years in prison for operating Bitcoin Fog, the darknet's longest-running bitcoin money laundering service. From 2011 to 2021, Bitcoin Fog processed over 1.2 million bitcoin, valued at $400 million, linked to illegal activities such as drug trafficking and identity theft. Sterlingov was found guilty of multiple charges, including money laundering conspiracy, and was ordered to forfeit assets worth over $395 million. The case highlights law enforcement's commitment to dismantling criminal networks on the darknet.