Feds arrest founder of bitcoin ‘mixer’ they say laundered $335 million over ten years
Illustration by Alex Castro / The Verge
The Department of Justice said it has arrested a Russian-Swedish national who allegedly operated a long-running cryptocurrency laundering site. According to a news release from the DOJ, Roman Sterlingov ran Bitcoin Fog, a cryptocurrency tumbler or “mixer”— which hides a cryptocurrency’s source by mixing it with other funds.
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