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Crypto ‘Mixer’ Gets 12 1/2 Years for Money Laundering

The founder of a cryptocurrency mixing service known as Bitcoin Fog was ordered to serve 12 1/2 years in prison for laundering tens of millions of dollars from darknet markets that sold illegal drugs. Roman Sterlingov, 36, was sentenced to 150 months Friday in Washington federal court by US District Judge Randolph Moss, who also ordered him to forfeit $395 million and his interest in a Bitcoin Fog wallet with Bitcoin valued at more than $103 million. Sterlingov, a Russian-Swiss national, was co...

Read more at bloomberg.com

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