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IRS arrests a Russian-Swedish citizen in LA for laundering 1.2M+ bitcoins over 10 years when he allegedly ran Bitcoin Fog, which remains online after his arrest

The alleged administrator of Bitcoin Fog kept the dark web service running for 10 years before the IRS caught up with him.

Wired Andy Greenberg

Discussion

  • @wired @wired on x
    US authorities arrested Roman Sterlingov, according to court records, and charged him with laundering more than 1.2 million bitcoins—worth $336 million at the times of the payments—over the 10 years that he allegedly ran Bitcoin Fog. #breaking https://www.wired.com/...
  • @sisu_sanity Sisu Within on x
    “Of the $336 million the complaint accuses Bitcoin Fog of laundering, at least $78 million passed through the service to various dark web markets like the Silk Road, Agora, and AlphaBay...” Feds Arrest an Alleged $336M Bitcoin-Laundering Kingpin https://www.wired.com/...