Case Background and Sentencing
Sterlingov, who operated Bitcoin Fog from 2011 to 2021, was convicted earlier this year on multiple counts of money laundering. The service, which allowed users to anonymize Bitcoin transactions, is alleged to have facilitated the laundering of over $47 million in criminal proceeds. Prosecutors have painted Sterlingov as a central figure in a complex scheme designed to obfuscate financial transactions linked to illegal activities, including drug trafficking, identity theft, and cybercrime.·
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