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Bitcoin Fog Founder Sentenced to 12 Years for Cryptocurrency Money Laundering
The 36-year-old founder of the Bitcoin Fog cryptocurrency mixer has been sentenced to 12 years and six months in prison for facilitating money laundering activities between 2011 and 2021. Roman Sterlingov, a dual Russian-Swedish national, pleaded guilty to charges of money laundering and operatin...
DOJ Arrests Founders of Crypto Mixer Samourai for $2 Billion in Illegal Transactions
The U.S. Department of Justice DoJ on Wednesday announced the arrest of two co-founders of a cryptocurrency mixer called Samourai and seized the service for allegedly facilitating over $2 billion in illegal transactions and for laundering more than $100 million in criminal proceeds. To that end,...