Man Gets 12.5 Years for Running Bitcoin Fog Crypto Mixer

A dual Russian-Swedish national was sentenced to 12 years and six months behind bars on Friday, for helping cybercriminals to launder their funds over a decade-long period. Roman Sterlingov, 36, ran the Bitcoin Fog crypto mixer from 2011 to 2021, processing 1.2 million bitcoin, valued at around $400m at the time of the transactions.

Source: Infosecurity Magazine – Information Security & IT Security

 


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