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Crypto Founder Faces up to 20 Years in Prison for Money Laundering Charges - BeInCrypto

Retrieved on: 2024-03-13 15:58:52

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Crypto Founder Faces up to 20 Years in Prison for Money Laundering Charges - BeInCrypto. View article details on HISWAI: https://beincrypto.com/crypto-founder-20-years-prison/

Summary

Roman Sterlingov, Bitcoin Fog's founder, was convicted of money laundering using a crypto mixer, a method favored by darknet criminals for obscuring illicit Bitcoin origins. The case highlights crypto's role in cybercrime and legal efforts in the U.S. to combat such activities.

Article found on: beincrypto.com

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