Sterlingov was convicted of conspiring to launder money, money laundering, and two charges related to running an unregistered money transmitting service. — Bloomberg
WASHINGTON: The founder of a cryptocurrency mixing service known as Bitcoin Fog was ordered to serve 12½ years in prison for laundering 10s of millions of dollars from darknet markets that sold illegal drugs.
Roman Sterlingov, 36, was sentenced to 150 months last Friday in Washington federal court by US District Judge Randolph Moss, who also ordered him to forfeit US$395mil and his interest in a Bitcoin Fog wallet with bitcoin valued at more than US$103mil.
