Bitcoin Fog Creator Sentenced to Over 12 Years for Money Laundering

Roman Sterlingov, founder of the cryptocurrency mixing service Bitcoin Fog, has been sentenced to 12.5 years in a US prison for laundering $400 million in criminal proceeds. The Washington federal court's decision highlights the US government's commitment to cracking down on illegal activities facilitated by cryptocurrency platforms. Despite the severity of the crime, the sentence is lighter than the 30-year term suggested by prosecutors. Sterlingov has been ordered to forfeit $395 million in assets and over $103 million in Bitcoin.