Founder of cryptocurrency mixing service Bitcoin Fog found guilty of money laundering

03/12 15:51

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The founder of the cryptocurrency mixing service Bitcoin Fog was convicted in a federal court in Washington for laundering tens of millions of dollars for dark web markets known for selling illegal drugs. On Tuesday, a jury made the verdict that 35-year-old Roman Sterlingov's mixing service made it more difficult to trace the source of illegal activity profits. The government claims that Bitcoin Fog processed over $400 million in untraceable transactions, some of which came from illegal markets.

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