Crypto mixer Bitcoin Fog founder receives 12.5-year prison sentence Bitfog founder Roman Sterlingov has been sentenced to 12.5 years in prison and forced to “pay a forfeiture money judgment” of around $395.5 million. https://image.nostr.build/c59961a7dee77f3b9fd9e186ae0cf8393abcc8bc6246cc1bf3094f1343a8b0e2.jpg [Source](https://cointelegraph.com/news/crypto-mixer-bitcoin-fog-roman-sterlingov-founder-prison-sentence-united-states-doj)
Bitcoin Fog was known as one of the oldest cryptocurrency mixers operating on the darknet, facilitating the obfuscation of cryptocurrency transactions. This service allowed users to hide the origins of their funds, making it attractive to individuals involved in illegal activities, including drug trafficking . Over its decade-long operation from 2011 to 2021, it reportedly laundered over $400 million in criminal proceeds.