Roman Sterligov, a citizen of Russia and Sweden, has been sentenced to 12 years and 6 months in prison for organizing the largest Bitcoin money laundering service on the dark web — Bitcoin Fog. From 2011 to 2021, over 1.2 million bitcoins, worth around 400 million dollars, were laundered through this service, linked to criminal activities including drug trafficking and cybercrime.
In addition to the prison sentence, Sterligov is required to pay a fine of 395.5 million dollars and return seized assets, including 1,345 bitcoins, worth over 103 million dollars.