Roman Sterlingov is the latest to fall to a U.S. government crackdown on illicit crypto-mixing services, but his lawyers aren’t taking the verdict lying down.
The founder of Bitcoin Fog, a massive $400 million crypto-mixing service, was convicted of money laundering in a United States District Court on Tuesday, March 12 — the latest win in the government’s crackdown on crypto mixers and their founders.
Roman Sterlingov, 35, was found guilty of money laundering, money laundering conspiracy, operating an unlicensed money-transmitting business, and violations of the D.C. Money Transmitters Act.
Sterlingov, however, had argued throughout the trial that he was only a user of the service, and not its operator. His attorney, Tok Ekeland said in a March 12 X post that his team will appeal the verdict.
